In 2023 the McLennan County, TX commercial real estate market totaled 4,229,244 square feet of office spaces, 5,789,922 square feet of office spaces with retail, and 26,669,373 square feet of industrial space.
Office Spaces
Total: 4,229,244 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,885,596 SqFt |
44.58% of total office |
| 100k to 500k SqFt |
2,343,648 SqFt |
55.42% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
664,465 SqFt |
15.71% of total office |
| Class B |
2,527,135 SqFt |
59.75% of total office |
Class A office space holds a 15.71% share of the overall McLennan County, TX office market, while Class B office assets make up approximately 59.75%.
Industrial
Total: 26,669,373 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
4,236,438 SqFt |
15.89% of total industrial |
| 100k to 500k SqFt |
12,730,532 SqFt |
47.73% of total industrial |
| 500k to 1M SqFt |
7,095,743 SqFt |
26.61% of total industrial |
| > 1M SqFt |
2,606,660 SqFt |
9.77% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
8,712,013 SqFt |
32.67% of total industrial |
| Class B |
16,354,393 SqFt |
61.32% of total industrial |
| Class C |
1,439,922 SqFt |
5.4% of total industrial |
There are 12,730,532 square feet of commercial real estate properties between 100k to 500k square feet, representing 47.73% of the McLennan County, TX industrial inventory. Class A assets total 8,712,013 square feet of industrial space, with an additional 16,354,393 square feet of Class B and 1,439,922 square feet of Class C properties.
Office Spaces with Retail
Total: 5,789,922 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,350,821 SqFt |
23.33% of total office with retail |
| 100k to 500k SqFt |
4,439,101 SqFt |
76.67% of total office with retail |
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