SAN ANTONIO – Local retail market activity continued to slow down in 3Q2020 as many retailers filed for Chapter 11.
According to CBRE, occupancy fell over the quarter to 93.9 percent. The metro also saw its third consecutive quarter of negative absorption, registering negative 255,415 sf.
There is 847,424 sf under construction. Last quarter, 134,390 sf came online.
Get more San Antonio-area retail news on the Real Estate Center’s website:
Source: CBRE