We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • ProMat 2023
    • Upload Your Video
Home » CBRE Research: Houston industrial vacancy declines, tightening expected through year-end
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

CBRE Research: Houston industrial vacancy declines, tightening expected through year-end

October 6, 2017
No Comments

CBRE has released the Q3 2017 Houston Industrial MarketView, which is available for download at cbre.com/research. Below is a summary of key Q3 highlights.

Demand rises, vacant sq. ft. falls: net occupier demand increased quarter-over-quarter to 2.5 million sq. ft. The North and Southeast submarkets saw the heaviest activity, each clocking over 1 million sq. ft. of net absorption.

Vacancy declines as 3.0 million sq. ft. delivers: deliveries for the quarter added over 3.0 million sq. ft. to the market, of which 83% was delivered pre-leased. Despite the delivery of over 500,000 sq. ft. of vacant space, overall vacant square footage declined over the previous quarter, with vacancy rates falling by 10 basis points (bps).

Ground broken doubles: under construction volume expanded modestly as almost 3.1 million sq. ft. of new projects broke ground. The Southeast and Northwest captured the majority of this activity, with a notable uptick in spec project starts.

Post-storm market expected to tighten: Houston's industrial product was minimally impacted, given the location and retention requirements of institutional class product. Isolated instances of flooding in primarily grade-level product did occur, but the vast majority of Houston's non-residential property types weathered the storm largely unscathed.

To learn more about CBRE Research, or to access additional research reports, please visit the Global Research Gateway at www.cbre.com/research.

More Info: http://www.cbre.com/research

Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
    • Related Articles

      CBRE Research: low vacancy, steady demand mark a year of landlord gains in El Paso industrial market

      CBRE Research: Record lows and highs in McAllen industrial market, solid fundamentals at year-end

      Steady absorption and tightening vacancy rates rush rents up in El Paso industrial market

    You must login or register in order to post a comment.

    Report Abusive Comment

    Most Popular Articles

    • Boston Dynamics will deploy fleet of robots in German e-tailer’s DCs

    • InPerson interview: Geoff Muessig of Pitt Ohio

    • TradeBeyond Acquires Pivot88

    • Warehouse yards to go digital

    • U.S. manufacturing resurgence faces headwinds

    Now Playing on DCV-TV

    20230922intralox vs large

    Intralox Parcel Automation: Never Stop Moving

    DCV-TV 4: Viewer Contributed
    Your business—and the flow of products through it—never stops. Intralox’s logistics and material handling specialists have the technologies, services, and expertise to keep you moving.

    FEATURED WHITE PAPERS

    • Rodent Radar: A Guide To Help Protect Your Business From Rodents

    • The Value of Genuine Parts and Service

    • Five questions to ask before electrifying your indoor forklift fleet

    • Unlock Success with Our Freight Tech Checklist!

    View More

    Subscribe to DC Velocity Magazine

    GET YOUR FREE SUBSCRIPTION
    • SUBSCRIBE
    • NEWSLETTERS
    • ADVERTISING
    • CUSTOMER CARE
    • CONTACT
    • ABOUT
    • STAFF
    • PRIVACY POLICY

    Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing