The North submarket contains 102 million sq. ft. of inventory, with Warehouse/Distribution representing 78 million sq. ft. of that total, Manufacturing 12 million sq. ft., and Flex space 10 million sq. ft. Of the… Continue Reading
The Northeast submarket contains 37 million sq. ft. of inventory, with Warehouse/Distribution representing 29 million sq. ft. of that total, Manufacturing 7 million sq. ft., and Flex space 580,000 sq. ft. Of the more… Continue Reading
The Northwest submarket has posted positive net absorption in all but three quarters during the past five years, and the first quarter of 2019 was one of the three, due in part to new… Continue Reading
The Southeast submarket has posted positive net absorption in all but one quarter during the past five years, and vacancies have remained steady, averaging 4.7% during the same time period. The submarket has undergone… Continue Reading
2019 Spring Economic Symposium – Houston’s Economy Returned to Basics in 2018, But How Solid Are the Fundamentals Now? Robert W. Gilmer, Ph.D. Director, Institute for Regional Forecasting Below are the highlights from the… Continue Reading
The Austin industrial market’s overall vacancy rate rose to 7.6% during the first quarter of 2019, an increase of 80 basis points quarter-over-quarter, and 100 basis points year-over-year. Despite that increase, net absorption remained… Continue Reading
San Antonio’s overall industrial vacancy rate dropped to 5.9% in Q1 2019, a decrease of 10 basis points quarter-over-quarter, and up from 5.5% year-over-year. Class A space ended the quarter at 12.5% vacancy. Net absorption… Continue Reading
EXECUTIVE SUMMARY Record-breaking development pipeline Houston’s overall industrial vacancy rate ended Q1 2019 at 5.9%, up 30 basis points quarter-over-quarter, and an increase of 80 basis points year-over-year. Net absorption was 1.4 million sq.… Continue Reading
Market Highlights Industrial asking rents at all-time high. Overall vacancy is 7.5%, up 60 basis points from this time last year at 6.9%. During the past five years, 9.4 million sq. ft. of industrial… Continue Reading
Market Highlights Keeping up the pace in 2019. Overall vacancy is at 6.1%, almost unchanged from this time last year at 6.0%. The vacancy rate for Class A properties is at 12.6%. Year-to-date net… Continue Reading