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Houston industrial market: 3Q 2013Houston industrial market: 3Q 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=57622013-11-12T06:57:00Z2013-11-12T00:00:00Z

HOUSTON - Commercial Gateway, the commercial division of the Houston Association of Realtors (HAR), has released its area industrial report for third quarter 2013. The complete list with category division is available from the website below.

Houston Industrial Market Summary 3Q 2013*
    Net
Absorption
 
Market
Area
No.
Bldgs.**
Bldg.
SF***
Vacant
SF
Vacancy
Rate
Current YTD Wtd. Avg.
Rent****
Northwest 3,648 129,292,391 8,500,429 6.6% 153,621 1,018,185 $6.39
Southeast 1,921 80,270,195 7,391,179 9.2% 10,726 255,480 $5.04
Northeast 1,709 65,411,714 5,345,733 8.2 % 156,952 506,559 $7.69
Southwest 1,404 51,481,684 4,308,521 8.4% 35,475 523,360 $7.77
South 948 31,163,567 1,506,509 4.8% 283,210 459,884 $5.64
Inner Loop 737 23,963,414 1,016,466 4.2% 322,559 262,341 $8.26
North 569 11,743,780 742,368 6.3% 14,302 209,466 $7.54
Total 10,938 393,363,945 28,811,205 7.3% 976,845 3,235,275 $6.19

*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.

Online news
Houston-The Woodlands-Sugar Land
Industrial
http://www.commercialexchange.com/index.php/posts/houston%e2%80%99s-office-and-industrial-markets-achieve-record-absorption-and-construction-in-third-quarter/Read more at {Source}

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