Austin Area Warehouses for Sale Resources

SmallWarehouseBoxesLrg

 

Austin Warehouses for Sale- Resource Center and Market Info

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

Here is “an market overview look” industrial properties for sale in Austin  This page also contains lots of informative articles about purchasing commercial real estate and warehouses for sale. The more information you have as a Buyer, the better off you are because you will stay more informed than other Buyers in the market. When you choose to team up with a specialist like Shire Commercial, your direct benefits will be the added knowledge of a commercial real estate broker who has worked with Buyers since 2004 finding and closing on warehouse property for sale in Austin.  Contact us today to get started.

For the 4th quarter of 2013 within the Austin industrial property for sale market, sales of warehouse properties with 15,000 square feet or more are showing the dollar volume compared to the first quarter in 2013  increasing. During the second quarter the largest industrial property sales totaled $44,452,00 which consisted of 2 warehouse buildings.

  • Research this page for additional information such as: Blog Posts and Testimonials from our clients  Austin Warehouse Transactions Done by Shire Commercial

Mortgage Calculator for Warehouse Purchases

Here is a mortgage calculator to help buyers calculate their monthly mortgage payments, to find out on-going interest rates – visit the Home page under the section of Warehouses for sale for the most recent mortgage rates, LTV’s etc.

 

Find Austin Warehouse for Sale Data

Mortgage Calculator

 

 

Want more specific data regarding warehouse space for lease instead? Click on the orange buttons to research current lease or purchase listing data on the market.

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

 


Austin Warehouse Market | Q1 2017

Posted by on May 9, 2017 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Warehouse property for Sale, Warehouse space for lease | 0 comments

Austin Warehouse Market | Q1 2017

Here is quarterly report for the Austin warehouse market at the end of March 2017.  Current vacancies have remained relatively the same at 7%  with occupancies continuing to stay very high in the Austin Texas and Central Texas area.  Market fundamentals remain strong and average asking rents have increased since last quarter up $0.12 cents per square foot per year.  Demand continues and supply of  warehouse properties under 5000SF  has become even tighter. As a tenant looking to lease a property in the Austin warehouse market, maximum flexibility is required. Landlord’s today are looking for longer term deals, 2 yrs will not get much attention depending on the sub-market in which the warehouse property is located. Moving forward, near term projections are more of the same however with new warehouse properties on the market supply should become much better depending on the footprint that a tenant is looking for.

For Sale Warehouse properties for Q1 2017 , remains tight and the best sales prices are in the tertiary sub-markets. More details on : For Sale Properties

Warehouse Construction Projections

With demand continuing for 2017, construction is on the way currently with projections of 1M square feet of space , in Q1 2017, approximately 550,000SF of warehouse space was completed with 50% of new warehouses being supplied to the Southeast sub-market which next to the Northeast area has the highest concentration of warehouse properties in the Austin area.  The Northwest Austin sub-market with one of the lowest vacancies has approx 200,000SF of new construction taking place with the NE area coming in at 110,00 SF.

 

Warehouse Update

Posted by on May 5, 2016 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Warehouse property for Sale, Warehouse space for lease | 0 comments

Warehouse Property | Texas Triangle Dallas Houston San Antonio

With the exception of San Antonio, the Texas Triangle reached it’s lowest point of new construction since the 1990’s. The following is a warehouse update on what is going on in the Texas Triangle area.  Austin and Dallas hit their lows for warehouse properties in the months of May and October in 1992 with Houston to follow in 1993. The most construction for warehouse properties is currently in San Antonio, whereas San Antonio did not hit its low for warehouse properties until February 2011.

Warehouse growth rates come in at 52% from January to November 2015 for San Antonio followed by Austin with 40%. Warehouse properties come in at the most volatile type of commercial property followed by office and then retail. The exception to this general rule of thumb would be Houston that has higher volatile markets in office properties.  Austin registers the lowest volatile office market regarding construction.

Peaks and Troughs

Construction as a rule runs in alignment with booms and busts in the economy , or simply stated supply and demand. For Austin as an example there are always greys, although demand is very high for warehouse property , construction is not as robust because the larger companies and not providing as much demand as the smaller end user or medium sized businesses.  Each construction cycle is a bit different from previous periods due to the external factors imposing their pressure on the industry at the time. Typically a contraction will last longer than an expansion phase. The key here is to watch based on history that lower construction activity is preceding a recession period, is a bit premature to determine if the Texas economy will continue to slow in 2016, however indicators do show a slow down coming.

 

Austin Warehouse Market Update

Posted by on Apr 28, 2016 in Austin Real Estate News, Austin warehouse space for lease, Commercial Real Estate Austin, Warehouse property for Sale | 0 comments

Austin Warehouse Market Update – May 2016

The Austin warehouse market continues to drive vacancies lower and demand remains strong.  Moving into the 2nd quarter of 2016, the warehouse market in Austin to move lower by another 1%. Currently the warehouse vacancy rate is at 7% , this is level that has not been seen since the tech explosion in the late 90’s. Of all the sub-markets in Austin three of them have vacancy rates below 1% thus almost having 100% occupancy. If construction does not take off with more product the rental rates for warehouse space will be at a premium with very little leverage unless a tenant is willing to provide a 5 yr term for some concessions.

What is Under Construction?

At the close of the first quarter of 2016, there were no new warehouse spaces in Austin delivered to the market. CurreNorthwest Austin Warehouse Spacently, there is about 400,000SF of new developments for warehouse property.  With oil prices tanking  manufacturers are battling with higher lease rates than have been seen in the past 5 years within the Austin Market. Austin typically is a destination location for warehouse properties as opposed to a hub for big companies, therefore there is not a huge incentive for developers to add on warehouse property like other cities in the USA. Instead of building more warehouse properties, office buildings are being constructed to cater to the white collar employment demographic of Austin.

To say the least the new development market for industrial properties in Austin is subdued compared to the activity.

Purchase an Austin Warehouse

Posted by on Aug 4, 2015 in Commercial Real Estate Austin, Warehouse property for Sale | 0 comments

Warehouse with forklift AustinPurchase an Austin Warehouse

Would you like to know as a Buyer, the best ways to implement a plan to purchase an Austin warehouse? Buyers have a few options that can help them purchase a warehouse with more efficiency. Here are some strategies to implement to save time , money  and effort on your part and the commercial real estate broker’s part as well.

What comes first? Money or the Property?

Over the past 11 + years, a lot of Buyers have called asking about purchasing an Austin warehouse, the first question is (can you guess?) – How will you purchase the property?  When this question is asked, you have 3 options at your disposal.

  1.  Financing- using a lender to help you purchase the warehouse , SBA 10% down if you are an owner-user , or 20% + down if you are an investor or just want to keep your mortgage payments lower.
  2. Owner financing- if it is avail, there may be qualification criteria such as putting more money down that you anticipated
  3.  Cash- simple.. you pay for the warehouse with your own funds

Finding an Austin Warehouse?

So there tends to be an idea of  let’s find something first then I will get the financing, you can do one or two things.

  1. Have your financing pre-approved or secured with cash that you already have or..
  2. Putting a property under contract with a financing contingency

If you want to purchase the Austin warehouse and your broker does find you a property that fits, now you have to determine if you even qualify to purchase it if you are financing the deal. Buyers whom have some type of pre-approval in place pro-actively are better suited to find the right warehouse and then put it under contract. Can you put a warehouse under contract and make it contingent on the financing?  The answer is yes in most cases unless the Seller does not allow for contingency financing.  Where are the properties located? A question that comes up all the time, expected and a good one. However, it all depends on the market, the current Austin Market for 2015 for August has only 12 listings in the 2500-5000 SF range and 12 listings in the 5000-10000 SF range. Your pre-approval for funds is a very pro-active strategy you can implement to help your purchase.  Bottom line, no money , no property regardless of where it is or what it costs.