Aug 13, 2015
Transwestern: Houston industrial market watch June 2015
HOUSTON - Transwestern has released the June 2015 Market Watch report for the industrial market. *Transwestern analysis of Costar data, includes buildings 15,000 SF RBA and greater, excluding government-owned buildings....
HOUSTON – Transwestern has released the June 2015 Market Watch report for the industrial market.
| 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.
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