Monthly Market Snapshot

Houston Retail

Monthly Market Snapshot


JUNE 2017

Market Highlights

Ten-X Research released its latest U.S. Retail Market Outlook, identifying Houston as among the top five 'Buy' markets for retail real estate assets. Powered by thriving population growth that more than tripled the U.S. rate, the metro's retail jobs jumped 5.1% over the last year—the healthiest growth of the current cycle.

The construction pipeline is at 2.7 million sq. ft. with 1.1 million sq. ft. available for lease. The largest project underway is Paragon Outlets, set to occupy 300,000 sq. ft. in Rosenberg. Upon completion, it will be the only outlet mall in the Southwest Houston region. Delivery is scheduled for October 2017. Another project in the works is Grand Parkway Marketplace II in Spring, 75% pre-leased, due to deliver in May 2018. Phase II has three anchor boxes, two of which have been leased by Hobby Lobby and Academy Sports + Outdoors.

Dirt Cheap, a discount chain, has inked deals to open its first three stores in the Houston market in 2017. The leases include a 24,000-sq.-ft. location in Pasadena; a 27,927-sq.-ft. shop in Spring; and a 25,483-sq.-ft. storefront in Alvin.

Recent announcements of local store closings include outdoor recreation and sporting good chain Gander Mountain closing 32 stores—including three in Houston—and Payless ShoeSource closing 800 stores, 25 of which are in the Houston area.

Research Snapshot Houston Retail

Research Snapshot Houston Retail

Research Snapshot Houston Retail

 

Leta Wauson
Director of Research
leta.wauson@naipartners.com
tel 713 275 9618

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Quarterly Reports

HOUSTON

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

Q1 2017 Retail Market Report

SAN ANTONIO

Q2 2017 Office Market Report

​Q1 2017 Industrial Market Report

AUSTIN

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

 

Industrial Submarket Spotlight

Houston Southeast Submarket June 2017

 

Sublease Digest

Houston Office June 2017

Houston Office May 2017

Houston Office April 2017

Houston Office March 2017

Houston Industrial March 2017

 

Monthly Snapshots

HOUSTON

Houston Office June 2017

Houston Industrial June 2017

Houston Retail June 2017

AUSTIN

Austin Office June 2017

Austin Industrial June 2017

SAN ANTONIO

San Antonio Office June 2017

San Antonio Industrial June 2017

 

Market Insight

Market Insight

 

Monthly Snapshots (Historical)

Houston Office May 2017

Houston Industrial May 2017

Houston Retail May 2017

Houston Retail March 2017

Houston Office March 2017

Houston Industrial March 2017

 

San Antonio Office May 2017

San Antonio Industrial May 2017

 

Austin Office May 2017

Austin Industrial May 2017

 

Data InSight

Data InSight

 

Quarterly Reports (Historical)

HOUSTON

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

Q4 2016 Office Market Report

SAN ANTONIO

Q1 2017 Office Market Report

Q4 2016 Industrial Market Report

AUSTIN

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

 

SoundBytes

May 22, 2017

May 11, 2017

April 20, 2017

March 28, 2017

 

Resources

I-35 Corridor Activity Map

The New #CREcosystem Refresh - featuring contributions from Larry Koestler, VP of Marketing