Austin Area Large Warehouse Leasing Resources

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Large Warehouse Overview-For Tenants

Do you want to leverage your ability to find, negotiate and close on a profitable small warehouse lease in Austin? If so, this is the page for you!

Shire Commercial helps buyers and tenants acquire or lease large warehouse space  15,000 SF, 30,000 SF  and up to 50,000 SF +.  The more information you have as a tenant or a buyer, the better off you are because you will stay more informed than others.  For 2017, inventory wise for warehouse properties in Austin, the larger vacancies are currently in the larger warehouse inventories starting at 10,000 SF and moving up from there.  The Far South and Northeast   Sub-Markets have the highest inventories as of April 2017 . When you choose to team up with a specialist like Shire Commercial, your direct benefits come from consistent tracking of the warehouse property market consistently every day so that You  can make the right decisions. Also provided for your information are recent posts regarding commercial real estate industrial property in the Austin area.

  • Research this page for additional information such as: Blog Posts and examples of successful transactions completed for our tenant clients.

 

 


 2018 First Quarter Large Warehouse Properties in Austin TX

The first quarter of 2018 is looking alot like the end of 2017, inventories for large warehouses for sale are higher than smaller square footage warehouses at 10,000SF or lower.  Numbers of inventory available have whittled down to below 10 properties per sub-market in the Austin area for Q1 2018.  As far as the leasing outlook, it looks a bit better with some more development and inventory coming online. For small warehouse properties , inventory is highest at this time in Northeast, North, South and Hays County.

2017 Data :Large Warehouses in Austin Articles and Information for Tenants

There are approximately 465 Flex warehouse properties , along with 594 Office warehouse type properties in the Central Texas market.  Austin warehouse spaces for lease changes daily especially in a tight market from 2016 moving into 2017.

Inventory picture for Austin warehouse space shows for Flex R&D space overall at 10% with Warehouse- Distribution vacancies coming in at a paltry 5.9%.

Clients utilizing our services will be able to benefit from search and negotiation strategies based on our historical results with other clients and the knowledge we possess about leasing Austin warehouse space. Shire Commercial specializes in tracking warehouse properties for sale and for lease, you can check various sub-market locations, rates and asking prices on this website. , if you don’t see what you are looking for call us today for a free analysis, availability changes daily.

If you would like to see detailed active listing data on large or small warehouse spaces for lease in Austin , Click on the specific orange button.

Lease Warehouses > 6,000SFLease Warehouses< 6,000 SF in Austin

 

Austin Warehouse Transactions Done by Shire Commercial

 

 

 


Inventory Picture for 2017

The largest concentrations of inventory for warehouse properties in Austin are as follows for 2017:

  • North 4.7M Square feet
  • North East 8.4M Square feet
  • Southeast 11.6M Square feet

Austin warehouse report Q3 2018

Posted by on Oct 9, 2018 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Warehouse space for lease | 0 comments

Austin Warehouse Report Q3 2018

Here is the Austin Warehouse Report for Q3 2018 , area wise the lease rates for warehouse properties overall increased to $10 per square foot per year. Additional inventory has been added to the warehouse market in Austin.  There is still approximately over 1M square feet anticipated to be delivered to the Austin market.  Most new development is South in Hays County, historically it has been located in the Southeast sub-market.  Overall vacancy rates have not changed much and have stayed within 80 basis points of previous quarters which were at 10%.

Continued Tightness in Small Warehouse Inventory

For buyers and tenants seeking small square footage warehouse properties, (Defined as below 5000SF) inventory will remain tight depending on the sub-market within Austin.  The lowest vacancies continue to be Central and Northwest Austin.  As long as demand remains high and inventory remains low, concessions and short term lease requirements will be hard to find for tenants. If you are a tenant and need warehouse space that is small, expecting a dock high or a high parking ratio is not typical for pre-exisiting inventory. Flexibility on the Buyer and tenant’s part remains the critical factor in finding the right warehouse for Clients for the rest of 2018.

Austin Warehouse Space | Q2 2018 Market

Posted by on Jul 9, 2018 in Commercial Real Estate Austin, Small Warehouse Market Monthly Report, Warehouse space for lease | 0 comments

Austin Warehouse Space Q2 2018 Market Report

As Austin’s demands for warehouse space stays steady moving into Q2 2018 , expansion of industrial property is forecasted to continue near term.  In the first quarter, 800,000 SF of new warehouse space has been completed  compared to 124,000 square feet of warehouse space being completed in 2nd quarter.  Most of the recent demand is for distribution warehouse inventory and not for flex warehouse type solutions.  Most of this activity is in the Northeast market which consists of Round Rock bringing in more than 25% of the new warehouse space inventory online.

Approximately 2/3 of the warehouse space product for Q2 2018 is being marketed as warehouse distribution property.

Q2 2018 Warehouse Fundamentals Warehouse interior

Q2 2018 Austin Warehouse Market fundamentals were up a bit in the first quarter to over 10 % vacancy, but have dipped below that 10% vacancy rate to 9.9%. Lease rates have moved upwards slightly at approximately $0.02 cents per square foot per year mostly driven by Flex warehouse space. Positive absorption was positive in Q2 2018 at over 82,000SF for warehouse distribution space. Flex warehouse space absorption was down compared to the first quarter. Overall demand came in at over 550,000 square feet for the first half of 2018 in Austin. Lease rates for Warehouse distribution have remained relatively the same for the past 3 years  however, slightly down from the peak of 2015.  For the latest updates on lease rates updated every 30 days please visit our landing page, we start at 3500SF and higher for tenants looking to lease warehouse property.

Austin Warehouse Report | Q1 2018

Posted by on Apr 10, 2018 in Austin warehouse space for lease, Uncategorized, Warehouse space for lease | 0 comments

Austin Warehouse Report-Summary for Q1 2018

In a nutshell, the word for the Austin warehouse report is more development and deliveries.  Approximately 20+% inventory has been delivered within the past 5 quarters than a period of 6 years.  Most of the new inventory has been in the Southeast warehouse market , with more developments occurring in the Northeast sub-market of Austin towards Hutto.  Vacancy rates have climbed to over 10% now and lease rates have declined a bit by about $0.28 cents per square foot per month.

Forward Expectations

With regard to this Austin warehouse report, we are seeing  more availability come onto the Austin warehouse market for larger warehouse spaces , small warehouse properties are still fairly tight in supply.  Although rents may decrease some due to more properties on the market, expenses are seeing increases due to property taxes and the City increasing them steadily every year.  Depending on the sub-market OPEX expenses may force some tenants to reconsider where they want to be located.  We are also seeing more sub-leases come up which is an indication of consolidations or tenants who took more space than they needed and either want out of their present lease or their business has taken a turn where they do not want to be located in the Austin area anymore.

Austin Warehouse Report  of  Numbers of Warehouse Buildings per Sub-Market for Q1 2018 Northwest Austin Warehouse Space

Central 38  North 253  Northeast 137  Northwest 33  Far NW 13  Round Rock 93  Georgetown 37  South 76 Southeast 200

Warehouse Leasing

Posted by on Mar 14, 2018 in Commercial Real Estate Tips, Warehouse space for lease | 0 comments

Warehouse Sub-Market and Square Footage

The size of any warehouse space and those within a specific sub-market can  greatly determine the base leasing rate. For warehouse properties, the warehouse leasing rate is derived as a base rate typically that has NNN (triple net expenses) added onto the rate.  Landlords will typically try and want to maximize their rental rates for warehouses to ensure income stream, this is an accepted practice and there isn’t much a tenant can do about it. The advantage a tenant has would be in down markets, not up -markets like Austin is currently seeing for 2017 and into the first quarter of 2018.

Leasing Brokers Warehouse update Texas

Leasing brokers or tenant representatives are usually more motivated to lease larger spaces, at Shire Commercial we start leasing warehouse properties at 3,500SF and up.  Always looking for the best interests of the tenants , we will help you negotiate the best deal within the sub-market you currently want to place your business.  Due to sub-market dynamics that are different in each sub-market from Cedar Park to Round Rock to San Marcos each has its own dynamics and factors that will directly affect leasing rates for warehouse space.  Some of these factors may be the demographics, economics and vacancies within the property you are interested in.  It is our standard practice when working with tenants , that the landlord make the initial offer rather than the tenant. All offers are written via a Letter of Intent or LOI (more commonly known within the commercial real estate industry).  Letter of intents are not binding and are negotiation vehicles in which Clients can take advantage of Shire Commercial’s expertise on market conditions and strategies to help tenants execute new leases or renew existing ones.  Looking at warehouse properties in lower vacancy sub-markets such as Northwest Austin may not be as flexible as higher vacancy sub-markets such as Southeast Austin.

Austin Warehouse Space for Lease or Sale