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HAR combo mania: office, industrial 1Q 2014 Houston statsHAR combo mania: office, industrial 1Q 2014 Houston statshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=42262014-05-13T15:07:00Z2014-05-13T00:00:00Z

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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http://www.commercialexchange.com/index.php/posts/houston%e2%80%99s-commercial-outlook-remains-strong-going-into-the-second-quarter-of-2014/Read more at {Source}

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