Net absorption for the overall Austin Industrial market was positive 449,530 square feet in the first quarter 2012. That compares to positive 506,569 square feet in the fourth quarter 2011, positive 745,903 square feet in the third quarter 2011, and positive 220,581 square feet in the second quarter 2011.
The Flex building market recorded net absorption of positive 198,987 square feet in the first quarter 2012, compared to positive 211,396 square feet in the fourth quarter 2011, positive 127,657 in the third quarter 2011, and positive 38,828 in the second quarter 2011.
The Warehouse building market recorded net absorption of positive 250,543 square feet in the first quarter 2012 compared to positive 295,173 square feet in the fourth quarter 2011, positive 618,246 in the third quarter 2011, and positive 181,753 in the second quarter 2011.
The information in this news report is based on CoStar’s First Quarter 2012 Market Report, a 40-plus page comprehensive research report available to CoStar subscribers. To learn more about quarterly research reports and other benefits available to CoStar subscribers, please call 1-877-694-2177.