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Houston industrial stats year-end 2013 bonanzaHouston industrial stats year-end 2013 bonanzahttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=49122014-02-18T08:36:00Z2014-02-18T00:00:00Z

HOUSTON AREA - Commercial Gateway, the commercial division of the Houston Association of Realtors (HAR), has released its area industrial report for year-end 2013. Start on page 16 for the industrial list with category division from the website below.

Houston Area Industrial Market Summary Year-End 2013*
    Net
Absorption
 
Market
Area
No.
Bldgs.**
Bldg.
SF***
Vacant
SF
Vacancy
Rate
Current YTD Wtd. Avg.
Rent****
Northwest 3,669 131,678,442 8,438,709 6.4% 1,606,930 3,304,266 $6.53
Southeast 1,922 80,672,780 6,842,052 8.5% 949,854 1,170,334 $5.05
Northeast 1,711 65,695,712 5,323,628 8.1% 420,947 927,645 $6.51
Southwest 1,411 51,579,454 4,129,962 8.0% 213,309 750,169 $7.85
South 958 31,118,310 1,550,144 5.0% -28,635 431,249 $5.50
Inner Loop 737 24,011,944 1,225,396 5.1% -9,518 101,823 $8.84
North 574 11,797,820 729,968 6.2% 50,440 259,906 $8.35
Total 10,984 396,591,662 28,239,859 7.1% 3,203,327 6,945,392 $6.18

*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 at Commercial Exchange. You must click on the list at the top of the page for access to complete statistics and broker commentaries.

Online news
Houston-The Woodlands-Sugar Land
Industrial
http://www.commercialexchange.com/index.php/posts/houston%e2%80%99s-office-industrial-outlook-remains-bright-as-strong-absorption-construction-closes-2013/Read more at {Source}

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