HOUSTON AREA – The Southeast industrial submarket contains close to 90 million sf of inventory.
While Houston’s office market has been slow to recover from the oil downturn, the industrial and retail markets are managing much better.
Over 4.1 million sf of industrial buildings were completed in Houston in 2017—3.1 million sf, or 75 percent of that total, is warehouse/distribution space that is 50 percent pre-leased, in the Southeast submarket.
Leasing activity in the Southeast submarket adds up to 69 deals totaling almost 1.3 million sf during 2017.
Check out more Houston Industrial Market Research.
Don't forget to check out NAI Partners' Houston Industrial Southeast Submarket Spotlight.
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