Commercial Gateway speaks! Houston 4Q 2016 industrial statsCommercial Gateway speaks! Houston 4Q 2016 industrial statshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=156482017-01-24T06:00:00Z2017-01-25T00:00:00Z

​​​​HOUSTON – Houston’s industrial market continued to expand during fourth quarter 2016 with positive direct net absorption of 1.0 million sf, according to statistics compiled by Commercial Gateway​.

Absorption for 2016 totals a positive 8.5 million sf, with almost half of that attributed to the third quarter occupancy of Daikin Industries’ 4 million-sf manufacturing and distribution facility—reported as the largest concrete tilt-wall building in the world.
This quarter’s absorption represents the 28th consecutive quarter—over six years—of positive absorption, with seven quarters recording more than 2 million sf each and more than half recording more than 1 million sf. 

The year-end absorption totals include almost 5.7 million sf of warehouse-distribution space along with 4.2 million sf of manufacturing space.
© Copyright 2017 Commercial Gateway, the Commercial Division of the Houston Association of REALTORS®
Commercial Gateway
Houston-The Woodlands-Sugar Land

​Want​ more data? See Houston Industrial Market Research. See Commercial Gateway's full office and industrial 4Q 2016 report.

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