Hanna: Mission is a sound and secure location for commercial real estate investment

MISSION, Texas – Mark Hanna, managing director of SVN Hanna Solutions, gave an overview of the Mission real estate market at an event held at the Center for Education and Economic Development.

The event was titled the “Commercial & Investment Tour” and it was co-sponsored by Mission Economic Development and the Rio Grande Valley Partnership.

In his analysis of the past ten years, Hanna said the City of Mission – Zip Code 78572 – has experienced “consistent and positive growth across both retail and industrial sectors.”

Hanna noted:

• Retail & Industrial Lease Rates
  ➤ Steady upward trend in asking lease prices
  ➤ Indicates growing demand and tenant confidence
• Retail & Industrial Sale Prices
  ➤ Continuous increase in price per square foot
  ➤ Reflects appreciation and investor interest
• Vacancy Rates
  ➤ Overall downward trend for both asset types
  ➤ Signals healthy absorption, reduced oversupply, and strong occupancy levels

Discussing the investment outlook, Hanna said:

“The data clearly supports the position that Mission is a sound and secure location for commercial real estate investment. The combination of rising rents, increasing sale prices, and declining vacancies demonstrates market resilience and growth potential—making it an ideal market for developers, investors, and end users alike.”

Here is a video recording of everything Hanna said at the “Commercial & Investment Tour” event:

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