Lubbock's CRE Market Update

Stay updated with the latest trends and insights in Lubbock’s commercial real estate market. Our detailed monthly updates, therefore, provide valuable analysis of key metrics like vacancy rates, cap rates, and more. By diving into this data, we offer you a comprehensive view of the market, which helps you stay informed and make strategic decisions. Additionally, explore how these crucial factors are shaping Lubbock’s CRE landscape and discover what they mean for your investments and business opportunities. Stay tuned for each update to ensure you have the knowledge needed to navigate and capitalize on market trends.

OFFICE

Vacancy Rate: 4.0%

Market Rent Growth: 1.3%

Avg Cap Rate: 8.0%

SF Under Development: 81k SF

INDUSTRIAL

Vacancy Rate: 2.0%

Market Rent Growth: 1.2%

Avg Cap Rate: 9.2%

SF Under Development: 1M SF

RETAIL

Vacancy Rate: 3.2%

Market Rent Growth: 1.7%

Avg Cap Rate: 7.1%

SF Under Development: 224k SF

MULTIFAMILY

Vacancy Rate: 13.6%

Market Rent Growth: .4%

Avg Cap Rate: 8.2%

SF Under Development: 56 Units

Market Conclusion

Stay updated with the latest trends and insights in Lubbock’s commercial real estate market. Our detailed monthly market updates, therefore, provide in-depth analysis of key metrics, such as vacancy rates, cap rates, and more. By thoroughly examining this data, we offer you a comprehensive view of the market, which, in turn, helps you stay informed and make well-informed, strategic decisions. Additionally, explore how these crucial factors are shaping Lubbock’s CRE market and gain valuable insights into what they mean for your investments and business opportunities. As the market evolves, our updates will keep you ahead of the curve, ensuring you have the knowledge needed to navigate and capitalize on emerging trends. Visit https://www.facebook.com/bstonecre/ to learn more.

 

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