San Antonio, with a population of 2.4 million, is one of the fastest-growing cities in the U.S. In 2015, the San Antonio-New Braunfels metropolitan area was one of only 16 regions in the U.S. to add more than 50,000 residents. Among U.S. urban areas with populations greater than 1 million, only five grew faster than San Antonio.
With a sizeable military/government presence helping to ensure stable payrolls throughout the economic cycle, San Antonio’s unemployment rate is typically below the national average. Leading employers include government, leisure and hospitality, health care, transportation and utilities. Strong local demand supports the construction of warehouses and distribution centers.
Port San Antonio is a 1,900-acre free-trade zone and center for manufacturing, aviation and logistics. It is adjacent to JBSA-Lackland Airforce Base runway, the East Kelly Railport and Interstate 35.
San Antonio is 150 miles from the Gulf Coast port of Corpus Christi and the Mexico border at Laredo, Texas, and 200 miles from Houston. Proximity to these trade nodes makes San Antonio an important center for regional distribution and industrial warehouses.
Prologis operates warehouses and industrial properties in the San Antonio area, including several on Interstate 410 to the east of the city.