CBRE TwitterFest Touts Schertz & San Antonio
We spent an hour Tweeting yesterday with CBRE chatting about Texas commercial real estate. Of course, with less than 30 characters, there is only so much you can learn, but here are a few of the Twitter feed highlights about Schertz, San Antonio, and Austin:
*Recent demand in Schertz has spurred a new industrial spec development with net absorption supported by large, build-to-suit deliveries including Amazon’s 1.3M SF fulfillment center in Schertz.
*2013 was the best year for industrial in San Antonio since 2007 with development expected to rise with limited available space coupled with growing interest from large users.
*Other San Antonio industrial user activity including Kalmar RT Center’s expansion in the Northeast and Glazer’s new building in the Northwest.
*Given limited new construction in Austin, we expect fundamentals to continue to improve.
(Thanks to Twitter for the cool logo from its HQ.)
