Cadence McShane Completes 75,000 SF Industrial Project in Kyle, Texas
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Austin is working through a multi-year supply digestion in both multifamily and office. Land values east of I-35 continue to hold despite slower entitlement activity. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
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On the RET wire
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KYLE, TEXAS — General contractor Cadence McShane has completed a 75,000-square-foot industrial project in Kyle, a southern suburb of Austin. Designed by Studio 8 Architects and developed by TIG Real Estate Services, t…
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