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Houston’s industrial market looks northHouston’s industrial market looks northhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=179622017-10-10T05:00:00Z2017-10-10T21:00:00Z

​​​​​​​​​Picture of a WarehouseHOUSTON – More than 50 percent of the industrial leases signed in the third quarter (3Q) were in the north submarket, according to JLL’s 3Q 2017 Houston Industrial Insight Report

The submarket housed more than 40 percent of the 3Q net absorption in the industrial market.

Total vacancy for all industrial properties in Houston fell to 4.9 percent, and JLL said the north submarket was assisted by landlords lowering rents to fill vacant space.

Houston's industrial construction pipeline fell for the sixth consecutive quarter which has helped keep availability down.

Houston industrial submarkets by size:
JLL Houston Q3 2017 Industrial Insight Report.
  • Northwest—118.9 million sf;
  • Southeast—78 million sf;
  • North—68 million sf;
  • Central Business District—45 million sf; and
  • ​South—36 million sf
Houston Business Journal
Houston-The Woodlands-Sugar Land
Industrial
https://www.bizjournals.com/houston/news/2017/09/28/more-than-50-percent-of-q3-industrial-leases-were.html
​Check out the full JLL Houston Industrial Insight report​ (registration is free).​

See more Houston Industrial Market Research here.

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