Found 3 blog entries tagged as industrial.

Downtown Austin ARNOLD WELLS/ABJ

Austin Business Journal writes, "Austin’s real estate market is still burning at a supernova level, according to a new study.

The Urban Land Institute, which focuses on real estate and land use, released its widely respected 2024 Emerging Trends in Real Estate report on Oct. 31. The report compiled data and insights from over 2,000 real estate industry experts to explore shifts and trends in the property sector and predict 10 markets to watch for the coming year.

Austin ranked fifth on the list this year, down from No. 3 last year. The rest of the top five was rounded out by other Sunbelt cities: Nashville at No. 1, then Phoenix, Dallas-Fort Worth and Atlanta.

ULI conducted the study in partnership with PricewaterhouseCoopers, a professional…

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According to Austin Business Journal, "There’s another industrial development sprouting in the fertile I-35 corridor.

Mississippi-based EastGroup Properties Inc. broke ground Sept. 12 on Stonefield 35, a 275,559-square-foot project in Buda, the company announced Sept. 22. The development comes amid impressive growth, especially for industrial space, in the corridor between Austin and San Antonio.

The development will be built on about 21 acres at the northeast corner of I-35 and Robert S. Light Boulevard. EastGroup is constructing three buildings with varied dimensions.

The largest building will be 148,233 square feet and equipped with 51 dock doors and two ramps, according to marketing material. The building will have 195 parking spaces.

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It's not just Austin's residential real estate market that's hot. Austin is among the hottest markets in the Southwest for under-construction warehouse and distribution centers.

Data published by Community Property Executive shows Austin had nearly 8.3 million square feet of industrial space under construction in late June. That represents a little over 7 percent of the existing industrial space (more than 114 million square feet) in the region. 

Austin ranks third in the Southwest, behind Dallas and Houston, according to Commercial Property Executive, at Nos. 1 and 2, respectively. Dallas is also the No. 1 market in the U.S., beating out Phoenix (No. 2) and Southern California's Inland Empire (No. 3) nationally.

In Austin and throughout the…

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