Four million sf of industrial underway in southeast HoustonFour million sf of industrial underway in southeast Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=221482019-03-19T05:00:00Z2019-03-19T22:00:00Z

​​​​HOUSTON – The Southeast submarket has four million sf of industrial space underway, one-third of the total industrial construction in the metro.

The submarket recently experienced a more than $50 billion petrochemical expansion that​​​ is positively affecting demand for industrial supply, particularly for plastics and logistics.

The largest projects under construction include:

  • the 784,000-sf Phase III at Bay Area Business Park; 

  • the 520,000-sf PBP at 5055 E. Grand Pkwy. S.

Port of Houston facilities set a record for total tonnage at 35.7 million tons, which reflected an increase of 9 percent from 2017. It remains a leading port in the U.S., and development activity is expected to continue at an accelerated pace for the foreseeable future.

NAI Partners
Houston-The Woodlands-Sugar Land

​Check out Houston-The Woodlands-Sugar Land Industrial Market Research.

See the full report at {Source}

 Search NewsTalk Texas