Answer · San Antonio & Hill Country commercial real estate
Why do brokerage market reports show different vacancy rates?
They count different buildings. For San Antonio office, inventory is 34.3M SF at CBRE, 43.7M SF at Partners and 50.3M SF at Cushman & Wakefield, so vacancy and absorption differ even in the same quarter.
Q2 2026 data · Reviewed by Zachary A. Stovall, TREC #691174 · Last updated November 5, 2026
The details
- Q2 2026 San Antonio office vacancy: 17.6% (CBRE), 16.9% (Partners), 15.2% (Cushman & Wakefield).
- Q2 2026 net absorption for office disagrees on direction: Cushman & Wakefield reports positive, CBRE and Partners negative.
- Industrial absorption differs by more than 3x: Partners 873,488 SF versus CBRE 252,059 SF.
- Use the spread as the range, and compare a report with itself over time rather than across brokerages.
Sources
- CBRE, San Antonio Office Figures Q2 2026
- Cushman & Wakefield, MarketBeat San Antonio Office Q2 2026
- Partners Real Estate, San Antonio Office Q2 2026