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SAN ANTONIO — The San Antonio retail market has maintained an occupancy rate of 95 percent or higher for the past three years, clocking in at 95.1 percent as of the first quarter of 2019, according to a recent report from NAI Partners.With just 1.7 million square feet of new retail space under construction, roughly half of which is preleased, San Antonio’s tight occupancy is paving the way for stronger rent growth. According to the report, the city’s average asking rent has risen by 13 percent over the past 12 months on a triple-net basis, increasing from $14.37 per square foot to $16.24 per square foot.