MARKET TRENDS
- Austin leasing activity was primarily led by Compal USA Technology’s two new leases in the Georgetown/Round Rock submarket, which account for nearly 0.6 million square feet (msf) in the manufacturing industry.
- The Austin industrial vacancy rate is at an all-time high of 15.2%, up 360 basis points from 11.6% in Q4 2024. Year-todate net absorption was positive at 4.8 msf, indicating that demand persists amid high vacancy.
- Asking rents continue to soften over the past year, declining 6.9% to $10.86 per square foot as of Q4 2025. Oversupply and high vacancy will continue to drive this trend.