- The McAllen Industrial Market registered positive net absorption of 136,200 sq. ft. in Q4 2020 and a total 2020 annual net absorption of 501,000 sq. ft.
- Nearly all the quarter’s net absorption came from the delivery of four build-to-suit projects.
- The market-wide vacancy rate was up by 30 basis points quarter-over-quarter.
- Q4 2020 closed with seven projects, five build-to-suit and two speculative, still under construction.