San Antonio Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, Partners Real Estate, JLL, CBRE, Colliers
Quarterly industrial market indicators for San Antonio, aggregated by CREhunt from Cushman & Wakefield, Partners Real Estate, JLL, CBRE, Colliers. As of Q2 2026, average asking rent was $12.49/SF/yr and vacancy was 11.1%, per Cushman & Wakefield.
Projected current industrial pricing — San Antonio
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 Cushman & Wakefield data (cap rate 7.6%, asking rent trend-adjusted to today). Assumes ~89% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $12.49/SF/yr | 11.1% | 357K SF | — | Cushman & Wakefield |
| Q1 2026 Partners Real Estate | $9.43/SF/yr | 11.3% | 425K SF | — | Partners Real Estate |
| Q1 2026 JLL | $8.10/SF/yr | 13.2% | -13K SF | — | JLL |
| Q1 2026 CBRE | $8.69/SF/yr | — | 4 SF | — | CBRE |
| Q4 2025 Partners Real Estate | $9.43/SF/yr | 11.3% | 686K SF | — | Partners Real Estate |
| Q4 2025 Cushman & Wakefield | $12.98/SF/yr | 11.7% | — | 45 SF | Cushman & Wakefield |
| Q3 2025 Cushman & Wakefield | $13.04/SF/yr | 11.7% | -567K SF | — | Cushman & Wakefield |
| Q1 2025 CBRE | — | 10.7% | 195K SF | — | CBRE |
| Q4 2024 CBRE | — | 8.8% | 1.3M SF | — | CBRE |
| Q4 2023 Colliers | $6.07/SF/yr | 1.0% | 1 SF | — | Colliers |
| Q4 2020 Cushman & Wakefield | $10.00/SF/yr | 5.0% | 41.1M SF | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each San Antonio industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| CBD | $17.40/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Comal County | $16.85/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Far North Central | $16.75/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Far Northwest | $13.20/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Far West | $16.50/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Guadalupe County | $12.00/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| North Central | $12.99/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northeast | $10.26/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northwest | $13.45/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| South | $12.99/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
Frequently asked questions
- What is the average asking rent for industrial space in San Antonio?
- As of Q2 2026, the average asking rent for industrial space in San Antonio was $12.49/SF/yr, per Cushman & Wakefield.
- What is the industrial vacancy rate in San Antonio?
- The industrial vacancy rate in San Antonio was 11.1% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's San Antonio market data come from?
- This report aggregates quarterly industrial market data for San Antonio from Cushman & Wakefield, Partners Real Estate, JLL, CBRE, Colliers.