E-Commerce Growth Revives Industrial Market<\/a><\/p>\n\n\n\n
\n\n\n\nWaterstone is positioned in the market to provide opportunity to the growing south I-35 corridor in the Greater Kyle\/San Marcos region, according to Cole Kennedy, a development and acquisitions associate at Lincoln Property Co., who added that the property can serve both Austin and San Antonio.<\/p>\n\n\n\n
As a diversified CRE company, Lincoln\u2019s management and leasing portfolio on behalf of institutional clients totals more than 510 million square feet. The company has completed over 150 million square feet of development since its inception in 1965 and another $20 billion is currently under construction or in the pipeline.<\/p>\n\n\n\n
Affinius Capital, formerly known as USAA Real Estate and Square Mile Capital Management, has about $64 billion in assets under management in North America and Europe.<\/p>\n\n\n\n
\u201cOngoing demand for industrial properties continues to outpace supply across most markets in the U.S., creating a compelling opportunity for strategic development,\u201d Affinius Capital Managing Director Tom Burns told Commercial Property Executive<\/em>.<\/p>\n\n\n\n\u201cDespite the broader banking sector’s pullback from development lending, this segment remains one of our most active areas, and we anticipate continued robust engagement in the industrial market,” Burns said. <\/p>\n\n\n\n
An active CRE lender, Bank OZK operates in nine states and has about $36.8 billion in total assets. <\/p>\n\n\n\n
Austin industrial inventory expands, vacancies up<\/h2>\n\n\n\n
Greater Austin remains an overall growth market for industrial, with more than 4.4 million square feet of speculative and build-to-suit product delivering during the third quarter of 2024, representing a high for quarterly deliveries, according to JLL.<\/p>\n\n\n\n
New supply has put upward pressure on Austin industrial vacancy rates, which surpassed 14 percent in mid-2024, compared to around 3 percent as recently as 2021, JLL reported. That year, pandemic-era demand crested as companies struggled with supply chains and reshoring began in earnest.<\/p>\n\n\n\n
Demand is still strong, however. Year-to-date absorption nearly doubled from the first half of the year to the first three quarters, spurred by strong net occupancy gains in the third quarter, JLL noted.<\/p>\n","protected":false},"excerpt":{"rendered":"
Plans call for 900,000 square feet of industrial space across four buildings.<\/p>\n","protected":false},"author":1023,"featured_media":1004733272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578,21782,21825,21748,21742,51973],"tags":[52016,41597,33435,32796,34930],"class_list":["post-1004733231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-austin","category-development","category-finance","category-industrial","category-latest","category-southwest","tag-affinius-capital","tag-bank-ozk","tag-goldman-sachs","tag-jll","tag-lincoln-property-co"],"acf":[],"yoast_head":"\n
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<\/a>