Monthly Market Snapshot

Houston Retail

Monthly Market Snapshot


MAY 2017

Market Highlights

Citywide vacancy is at 5.2% in a tight market, with rates at or below 6.0% since year-end 2013.

Net absorption for the overall retail market is at 1 million sq. ft. year-to-date. For full-year 2016, total net absorption was 6.4 million sq. ft., above the annual 10-year average of 5.6 million sq. ft.

The Houston retail market has not ended a full year with overall negative absorption since 2006.

The construction pipeline is at 2.5 million sq. ft. with 90% scheduled to deliver in 2017. More than 60% is pre-leased, with Paragon Outlets—set to occupy 300,000 sq. ft. at Interstate 59 and Reading Road in Rosenberg—among the notable upcoming centers.

The Market at Springwoods Village in Spring is due to deliver in August 2017 with only 10 spaces, or 23,254 sq. ft. available out of 168,000 sq. ft. of total gross leasable area. The location boasts of the “ExxonMobil Effect” and the new corporate campuses—including Southwestern Energy—that are driving thousands of new residents to North Houston.

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

Q2 2017 Retail Market Report

SAN ANTONIO

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

AUSTIN

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

 

Industrial Submarket Spotlight

Houston Northwest Submarket July 2017

Houston Southeast Submarket June 2017

 

Office Submarket Spotlight

San Antonio Northwest Submarket August 2017

 

Sublease Digest

Houston Office July 2017

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 August 2017

Houston Industrial August 2017

Houston Retail August 2017

AUSTIN

Austin Office August 2017

Austin Industrial August 2017

SAN ANTONIO

San Antonio Office June 2017

San Antonio Industrial June 2017

 

Market Insight

Market Insight

 

Monthly Snapshots (Historical)

 

Houston Office June 2017

Houston Industrial June 2017

 

Houston Retail June 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 June 2017

 

Austin Industrial June 2017

 

Data InSight

Data InSight

 

Quarterly Reports (Historical)

HOUSTON

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

Q4 2016 Office Market Report

Q1 2017 Retail Market Report

 

SAN ANTONIO

Q1 2017 Office Market Report

 

​Q1 2017 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