Austin, Texas’s capital city with a population of about 930,000 and a relatively low unemployment rate of 3.2 percent, is one of the fastest-growing large cities in the United States. Jobs in Austin are also growing, and wages are above both U.S. and Texas averages. With rapid population growth, a growing tech sector and a vibrant business environment, the city is also an important hub for logistics and industrial real estate.
The combination of Austin’s growth and location astride major north-south highways and rail systems, ensure vibrancy for the metropolitan area’s regional logistics market.
Prologis has a number of warehouses for lease in Austin and industrial real estate properties in the Austin region, many of which are located along Interstate 35, which connects Austin to San Antonio and Dallas-Fort Worth.