Houston ranks top in U.S. for retail constructionHouston ranks top in U.S. for retail constructionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=144272016-09-12T05:00:00Z2016-09-12T18:00:00Z

​​HOUSTON - Intense tenant demand is encouraging retail developers in Houston, according to third quarter 2016 Retail Research Market Report from Marcus & Millichap.

As multifamily and office builders have scaled back development in the metro, a number of mixed use projects containing a large retail component are coming to fruition, with pre-leasing activity remaining robust across the market.

In addition, household formation is rising at a stable pace, encouraging several grocers to move forward with expansion plans in the metro, including H-E-B, Kroger and Walmart.

This year, the Houston metro will lead the nation in retail completions as more than 3.2 million sf of retail space is delivered.

Marcus & Millichap Real Estate Investment Services
Houston-The Woodlands-Sugar Land

See what else is happening with a look at Houston's Retail Market Research.

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