H-Town Industrial Market

HOUSTON (TA&M Real Estate Center) – September 18, 2018 – The Bayou City had its eighth consecutive year of positive absorption for the local industrial market.

Net-occupier demand was 1.2 million sf last quarter, bringing the year-to-date absorption total to 4.8 million sf.

The construction pipeline grew by 3.6 million sf in new starts over the quarter to reach 10.7 million sf of new industrial and flex product currently underway.

Vacancy rates decreased 5 basis points, and availability rates during the same period decreased 60 basis points.
The graph showing amount of vacancy, completions, under construction, ground broken, and net absorption industrial numbers in the area.