|Houston industrial construction pipeline hot||Houston industrial construction pipeline hot||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=16875||2017-06-20T05:00:00Z||2017-06-20T20:00:00Z|
HOUSTON – There is 4.3 million sf in the Houston industrial construction pipeline, with about 29 percent available for lease.
A 500,000-sf build-to-suit distribution facility is being developed in Baytown, to be occupied by Vinmar International, a petrochemical marketer and distributor.
Port Houston continues to thrive, handling nearly 13 million tons of cargo for the year, an increase of 9 percent over last year.
Total container volumes have also grown by 12 percent as reported by the Port Commission.
Land is being cleared for one of the Houston area’s biggest warehouses and job-growth projects so far in 2017—the 1 million-sf Amazon distribution center in Katy.
Net absorption for the overall industrial market is at 2.7 million sf year-to-date.
|NAI Partners||Houston-The Woodlands-Sugar Land||Industrial|| https://assets.recenter.tamu.edu/Documents/MktResearch/Houston_Industrial_NAI_Monthly.pdf|
Related: Houston's hottest industrial submarket
Check out NAI's Houston Industrial Monthly Market Snapshot June 2017
Don't forget to check out Houston Industrial Market Research.