The annual Retail Market Survey compiled by Burns Commercial Properties revealed that the Tyler market did an abrupt about face in the past year. The 2010 Survey reported that the overall occupancy rate increased from 89% in 2009 to 91%. The positive trend failed to last, and the latest statistics indicate that the occupancy level has dropped to 83.3%.

The survey measures the current occupancy level of the fifty multi-tenant retail buildings in the City of Tyler. It does not include Broadway Square Mall, nor does it include free standing single tenant retail and restaurant buildings. CLICK HERE FOR THE FULL REPORT...
 

Following a strong uptrend in 2010, the Tyler office market lost its momentum and experienced a slight downturn in the past year.

The annual survey of multi-tenant office buildings shows that the fifty two properties studied are currently experiencing an occupancy rate of 86.7%, which is down from the 88.5% figure of one year ago.

The small decline did not affect the overall average asking rental rate, which stands at $14.33 per square foot, virtually unchanged from last year's average of $14.21/sq.ft. CLICK HERE FOR THE FULL REPORT...