Answer · San Antonio & Hill Country commercial real estate
What is the industrial vacancy rate in San Antonio?
In Q2 2026 San Antonio industrial vacancy was 10.3% (CBRE), 11.1% (Cushman & Wakefield) or 11.3% (Partners), with average asking rents of $8.52 to $9.22/SF NNN.
Q2 2026 data · Reviewed by Zachary A. Stovall, TREC #691174 · Last updated November 5, 2026
The details
- Vacancy: 10.3% CBRE, 11.1% Cushman & Wakefield, 11.3% Partners.
- Average asking rent: $8.52 NNN (CBRE), $8.83 overall net (Cushman & Wakefield), $9.22 (Partners).
- Net absorption for the quarter: 252,059 SF (CBRE), 357,376 SF (Cushman & Wakefield), 873,488 SF (Partners).
- Under construction: 2.9M SF (CBRE), 2.70M SF (Cushman & Wakefield), 4.0M SF (Partners), concentrated in manufacturing including JCB's 1.0M SF plant and Toyota's 500,000 SF Rear Axle facility (CBRE).
- Size matters: CBRE shows 15.9% vacancy in the 100K to 250K SF range versus 6.1% below 50K SF.
- Northwest industrial vacancy was 7.1% to 7.6% across all three sources.
Sources
- CBRE, San Antonio Industrial Figures Q2 2026 (Jul 9 2026)
- Cushman & Wakefield, MarketBeat San Antonio Industrial Q2 2026
- Partners Real Estate, San Antonio Industrial Q2 2026 (Aug 1 2026)