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Q3 2016 Houston Industrial Market Report

11/07/2016
Published By: Lisa Bridges

More than 50% of Houston’s industrial construction activity located in East Southeast Far submarket

During the third quarter of this year, 6.5M SF of Houston’s industrial inventory was absorbed, substantially more than the 2.2M SF absorbed in the third quarter of the previous year.  However, if you remove the 3.9M SF absorbed in one building by Daikin, net absorption would be closer to 2.6M SF.  Industrial leasing activity remained steady between quarters dropping slightly from 5.4M SF to 4.9M SF, but was down by 1.0M SF from 5.9M SF in Q3 2015.  

During the third quarter of this year, 6.5M SF of Houston’s industrial inventory was absorbed, substantially more than the 2.2M SF absorbed in the third quarter of the previous year.  However, if you remove the 3.9M SF absorbed in one building by Daikin, net absorption would be closer to 2.6M SF.  Industrial leasing activity remained steady between quarters dropping slightly from 5.4M SF to 4.9M SF, but was down by 1.0M SF from 5.9M SF in Q3 2015.  

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Release Date11/07/2016 - 09:01

Source

Colliers International

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