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Houston ViewPoints 2012
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Houston’s economy continues to grow. Employment gains now match the state average, which is three times the national pace. Energy exploration and manufacturing are leading the way, however most other industries are up year to year as well.
Houston’s economy continues to grow. Employment gains now match the state average, which is three times the national pace. Energy exploration and manufacturing are leading the way, however most other industries are up year to year as well.
Industrial Report | First Quarter 2012
PDF Download (<1MB)The Houston industrial market ended the 1st Quarter with a vacancy rate of 5.3%. The vacancy rate was down over the previous quarter, with net absorption totaling positive 1,202,440 square feet.
Office Report | Fourth Quarter 2011
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PDF Download (7MB)- Total net absorption to date for 2011 = +3,371,472 SF.
- Quoted rental rates relatively unchanged in the last 12 months.
- Going into Q1 2012, there was 1,446,573 square feet of new office buildings under construction.
Recent Transactions
E.W. Wylie Corporation has subleased a building on E. North Belt
RGM Asset Management has sold a 15,000 square foot building
PCI Promatec has leased a 9,555 square foot space
National Property Holdings has purchased a 26,000 square foot industrial building
J&S Audio Visual has leased 15,938 square feet of flex office/warehouse space
NAI Houston :: 3D/International Tower :: 1900 West Loop South, Suite 500 :: Houston, Texas 77027 :: 713-629-0500