Thriving Port of Houston: 9 percent increase in cargo handling

​​​​​HOUSTON – The Port of Houston continues to thrive, handling nearly 13 million tons of cargo for 2017, an increase of 9 percent from 2016.

Total container volumes have also grown by 12 percent, as reported by the Port Commission.

There is 4.3 million sf in the Houston industrial construction pipeline, with about 29 percent available for lease, according to NAI Partners.

Leasing activity is at 7.6 million sf year-to-date, taking place across 560 deals in the Houston metro.

Kuraray America Inc. recently signed alease at Bayport Logistics Park, a 185-acre industrial complex in Pasadena.

Net absorption for the overall industrial market is at 2.7 million sf year-to-date.​