|Industrial landlords feeling the pain of the oil slump in Houston||Industrial landlords feeling the pain of the oil slump in Houston||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=13769||2016-07-08T05:00:00Z||2016-07-08T19:20:00Z|
HOUSTON - Despite healthy fundamentals and strong leasing activity among consumer-facing industrial tenants, a negative perception of the Houston economy has forced some industrial landlords to negotiate more tenant-favorable lease deals.
Industrial still remains a robust sector among Houston commercial real estate, but it has had a decline in manufacturing tenants related to oil field services.
Crane-ready buildings, which oil and gas manufacturing users typically need, are in low demand, CBRE's Billy Gold said in June.
Submarket by submarket, asking rental rates for manufacturing space are nearly all below the market average of $0.68 per-sf, according to the report, with only the north and the southeast submarkets posting rental rates above market values.
|Houston Business Journal||Houston-The Woodlands-Sugar Land||Industrial|| http://www.bizjournals.com/houston/news/2016/07/06/negative-perception-of-houston-economy-an-issue.html|
See Houston Industrial market research