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Transwestern: Houston industrial market watch June 2015Transwestern: Houston industrial market watch June 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=1592015-08-13T07:44:00Z2015-08-13T00:00:00Z

HOUSTON - Transwestern has released the June 2015 Market Watch report for the industrial market.

Houston Industrial Market Indicators*
Submarket** Total RBA
(SF)
Direct
Vacant
(SF)
Overall
Vacancy
Rate
SF Under
Construction
1Q 2015
Net Absorp.
Northwest Near 86,918,130 2,710,124 3.20% 668,078 -139,000
North Far 60,086,663 4,771,019 8.10% 1,724,943 1,272,000
Northwest Far 59,540,324 2,839,947 4.80% 3,036,696 518,000
East-Southeast
Far
45,530,288 2,612,039 5.70% 1,938,642 358,000
Southwest Near 38,696,794 1,383,538 3.60% 37,296 81,000
Southeast Near 30,734,163 428,075 1.40% - -20,000
CBD 30,218,438 1,317,280 4.40% - 117,000
Northeast Near 30,081,678 365,789 1.20% 20,000 39,000
Total*** 469,464,464 20,055,844 4.30% 8,586,060 2,823,000


*Transwestern analysis of Costar data, includes buildings 15,000 SF RBA and greater, excluding government-owned buildings.

**Survey includes Houston submarkets with SF RBA larger than 30,000,000.

***Total includes all 14 Houston submarkets.

Transwestern
Houston-The Woodlands-Sugar Land
Industrial
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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