• Market-wide occupancy grew to 94.1% in Q4 2021, the first time the San Antonio retail market has seen occupancy grow back to over 94.0% since 2019.
  • New construction is on the horizon, with 16 projects totaling over 943,000 sq. ft. of retail product currently underway.
  • The Consumer Price Index (CPI) for food and beverages in the South region rose 1.2% from September 2021 to November 2021 and 5.3% year-over-year, according to the Bureau of Labor Statistics.
  • Population trended upward in 2021, with new residents pushing growth rates to over one percent year-over-year and over 7.4% over the last five years.