San Antonio Office Market Outlook Report

  • October 31, 2016
  • Blog
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As we watch markets around the country and locally, one strong area for opportunity and growth is the San Antonio Commercial Office Market.  San Antonio’s diversified economic base allows it to adapt and grow during a changing climate.  As per Real Capital Analytics own analysis on the San Antonio Office Outlook:

“San Antonio, like many Texas metros, has experienced significant economic growth with minimal impacts from the past recession. Overall, total employment is at near record highs and unemployment sits at 3.7% as of January ‘16, according to the Bureau of Labor Statistics. The metro’s diversified economic base from trade and manufacturing to research and finance has left the office market relatively healthy and poised to grow in 2016 and beyond. All key office sectors are growing, including Financial Activities, Professional and Business Services, and Information, at annualized rates of 2.1%, 2.0%, and 1.0%, respectively. San Antonio does have significant exposure to industries such as automobiles and energy that could come under pressure in continued global slowdowns, but overall the risk to the office market does not appear significant at this time.”

Read the full report here:

 

 

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