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San Antonio Retail Figures Q2 2023

August 16, 2023 5 Minute Read

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  • Market-wide occupancy ticked up to 95.9% in Q2 2023, up 10 basis points (bps) from the previous quarter.
  • Vacancy continued to tighten, with six submarkets registering occupancy increases across the San Antonio-New Braunfels metro area this quarter.
  • Unemployment in the leisure and hospitality sector dropped significantly, from 9.2% in March to 5.3% in June.
  • Nine projects totaling 289,464 sq. ft. delivered in Q2 2023.