• The McAllen Industrial Market ended 2019 with a total annual net absorption of almost 680,000 sq. ft., the third largest annual net absorption seen since CBRE began tracking the market.
  • Class A finished Q4 2019 with a vacancy rate of 1.5%, a record low for the current cycle.
  • 2019 closed with 563,472 sq. ft. of space under construction, all of which was build-to-suit. 
  • The quarter closed with users seeking nearly 1.7 million sq. ft. of space. This is 475,000 sq. ft. more than total available space and almost five times the total vacant space in the market.
  • Market-wide and Class B rents hit new record highs in the last quarter of 2019.