San Antonio Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from CBRE, Cushman & Wakefield, Partnersrealestate, Colliers
Quarterly industrial market indicators for San Antonio, aggregated by PropZone from CBRE, Cushman & Wakefield, Partnersrealestate, Colliers. As of Q1 2026, average asking rent was $8.69/SF.
Projected current industrial pricing — San Antonio
high confidenceProjected asking rent
$8.56/SF/yr
Estimated sale value
$72–$88/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.6%, asking rent held flat). Assumes ~89% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $8.69/SF | — | 0K SF | — | CBRE |
| Q1 2026 | $8.44/SF | 11.7% | 1.1M SF | — | Cushman & Wakefield |
| Q1 2026 | — | 11.3% | 0K SF | — | Partnersrealestate |
| Q4 2025 | — | 11.7% | 0K SF | — | Cushman & Wakefield |
| Q4 2025 | $9.43/SF | 11.5% | 686K SF | — | Partnersrealestate |
| Q4 2023 | $6.07/SF | 1.0% | 0K SF | — | Colliers |
| Q4 2020 | $10.00/SF | 5.0% | 41.1M SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in San Antonio?
- As of Q1 2026, the average asking rent for industrial space in San Antonio was $8.69/SF, per CBRE.
- What is the industrial vacancy rate in San Antonio?
- Vacancy data for San Antonio industrial is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's San Antonio market data come from?
- This report aggregates quarterly industrial market data for San Antonio from CBRE, Cushman & Wakefield, Partnersrealestate, Colliers.
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