Austin Small Warehouse Leasing Help

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Small Warehouse Overview-For Tenants- Tips, Blogs and Resources

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!

Here is “an overview look” at small warehouse space in Austin that includes many blog posts relating to warehouse, flex space and other industrial property information.  The more information you have as a tenant, the better off you are because you will stay more informed than others. 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.

  • Research this page for additional information such as: Blog Post articles regarding warehouse properties as well as successful examples of transactions completed for tenants.

Small Warehouses for Lease Articles and Information

A small warehouse  for lease is categorized as a warehouse property that has less than 4,000 square feet available as you can see by the chart. This information is updated frequently so it is a fairly accurate snapshot of small industrial properties for lease, things change quickly so if you do not see what you are looking for please contact us to help you find the right deal.  Clients benefit from over 9 years of experience and a more effective and efficient response , unlike other brokers you get specialization for warehouse leasing and purchases in Austin.

Lease Warehouses< 6,000 SF in AustinLease Warehouses > 6,000SF

Click the orange buttons to see detailed listing data on large warehouses for lease or small warehouse properties for lease in the Austin area. You can also view examples of successful transactions for our tenant clients.

Austin Warehouse Transactions Done by Shire Commercial

 


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.

 

Austin Warehouse Market |Q2 2016

Posted by on Jul 22, 2016 in Austin warehouse space for lease, Small Warehouse Market Monthly Report, Uncategorized, Warehouse space for lease | 0 comments

Austin Warehouse Market | Q2 2016

Here is a summary of the Austin warehouse market for the 2nd quarter in 2016, it is looking like we are headed for a 20 yr low for vacancies. Current vacancy rates in the Austin area are coming in at below 7 percent currently at 6.7%. There is alot of corporate interest in Austin and the city’s incentives to get the attention of large corporations. Most warehouse spaces that are being occupied are smaller in size below 30,000SF.

Lease Rates for Warehouse Properties

Austin’s warehouse leasing rates moved upward to $0.04 cents per sf over the last quarter of 2016. Vacancy remains low and demand remains high, flex warehouse space is still an alternative to more expensive office leasing rates if the tenant can utilize the flex space efficiently like an office.  The majority of the occupancy was in flex warehouse space which currently is going at an average of $1.10 psf without NNN expenses.  The East side and Round Rock had the most vacancy and subsequent occupancy occurred in those sub-markets more so than other sub-markets. Austin is on pace for 6 consecutive quarters of positive occupancy.

Construction Warehouse update Texas

Construction for new products is mostly in the SE sub-market, which will be between ABIA and the urban areas. Pre-leasing is popular currently and if you are a tenant looking for warehouse space on new construction pre-leasing is a good strategy due to current market demands on these properties. High growth in Hays and Williamson County are putting pressure on finding suitable warehouse space.  Austin does run the risk of losing business if supply cannot keep up with the demand.

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.

 

Warehouse Rent Austin

Posted by on Apr 21, 2014 in Austin Real Estate News, Austin warehouse space for lease, Warehouse space for lease | 0 comments

What is the forecast for a warehouse rent in Austin?

The average quoted asking rental rate for warehouse properties was $7.67 per square foot per year at the end of the first quarter 2014 in the Austin market area. This represented a 5.6% increase in rents from the end of the fourth quarter 2013, when  lease rates were at $7.26 per square foot.The average quoted rate within the Flex warehouse rent rate was  $10.98 per square foot at the end of the first quarter 2014, while Warehouse rents stayed at $6.28. At the end of the fourth quarter 2013, Flex rates were $9.96 per square foot per year , and Warehouse rates came in at an average of  $6.15 per square foot per year.

What about Availability- has that changed?   Warehouse with forklift Austin

Vacancy for Austin warehouses for rent:  Vacancies increased a bit moving into the 2nd quarter of 2014, up 0.3 tents to a current vacancy rate of 9.1%  Compared to the end of the fourth quarter of 2013 vacancies were at 7.9% . Flex projects (warehouses for rent that are office-showroom with 100% HVAC) came in at 15% for the first quarter of 2014 compared to 12.2% at the end of the fourth quarter of 2013.

Warehouse projects in the Austin area reported a vacancy rate of 7.3% compared to 6.1% at the end of the fourth quarter in 2013.