HAR combo mania: office, industrial 1Q 2014 Houston stats | HAR combo mania: office, industrial 1Q 2014 Houston stats | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=4226 | 2014-05-13T15:07:00Z | 2014-05-13T00:00:00Z |
HOUSTON - Commercial Gateway, the commercial division of the Houston Association of Realtors (HAR), has released its area office and industrial reports for 1Q 2014. The full report can be accessed through the websites below.
Houston Area Top Five Office Markets 1Q 2014*
Market
Area |
No.
Bldgs.** |
Bldg.
SF*** |
Vacancy
Rate |
Wtd.
Avg.
Rent**** |
Suburban |
1,384 |
157,987,584 |
11.7% |
$22.20 |
Central
Business District |
75 |
41,087,756 |
8.8% |
$33.55 |
Uptown |
141 |
28,768,710 |
11.5% |
$29.95 |
Inner Loop |
215 |
25,094,020 |
11.1% |
$24.53 |
Energy Corridor |
97 |
16,651,611 |
3.2% |
$23.42 |
Houston Area Top Five Industrial Markets 1Q 2014*
Market
Area |
No.
Bldgs.** |
Bldg.
SF*** |
Vacancy
Rate |
Wtd.
Avg.
Rent**** |
Northwest |
3,672 |
132,282,573 |
6.1% |
$6.18 |
Southeast |
1,922 |
80,656,166 |
7.5% |
$5.05 |
Northeast |
1,724 |
67,034,199 |
7.8% |
$5.87 |
Southwest |
1,409 |
51,487,238 |
7.0% |
$8.07 |
South |
962 |
31,265,360 |
4.3% |
$5.57 |
*ranked by SF
**number of buildings calculated on specific buildings at each property address
***includes all general-purpose existing industrial buildings 10,000 sf or larger
****Rental rates are weighted and averaged based on available space.
Read more office and industrial 1Q 2014 information at Commercial Exchange, the commercial division of the Houston Association of Realtors.
We know you need this now! Save time, see the PDF full charts under Office or Industrial in Houston Market Data Sources.
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