Q1 2022 Austin Industrial Report

AUSTIN, Texas - May 19, 2022 - PRLog -- The first quarter in the Austin industrial market continued what were well-established trends at the end of 2021.  Industrial space remained extremely constrained across size ranges, in direct contrast to ever-increasing tenant demand.  Despite the significant size of the industrial pipeline, land prices continued to soar for industrial land, hitting new highs for infill and tertiary sites alike.

It wasn't long ago that areas like Georgetown and San Marcos were considered too pioneering for spec industrial development, which is surprising given the rapid pace of land acquisitions in these areas.  As Austin land pricing pushes ever-higher (and its population ever-outward), the Williamson County and Hays County submarkets are poised to be the beneficiaries.

Whereas at this time last year there were less than a handful of spec industrial projects underway in Georgetown and San Marcos, these cities now represent two of the fastest-growing areas in the Austin market.  Georgetown in particular represents more than...Read more at https://www.colliers.com/en/research/austin/2022-q1-indus...