Q1 2023 | Houston Industrial Market Report
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HOUSTON - Txylo -- "Despite a slight weakening, the industrial market in the Greater Houston MSA remains active and healthy, with 4.3 million square feet of net absorption and a construction pipeline of over 36 million square feet.
Although vacancy rates are expected to increase later in 2023, the market is likely to remain steady and strong, barring any major economic downturn."
Patrick Duffy | President
Key Takeaways
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See the full article here: https://www.colliers.com/en/research/houston/q1-2023-houston-industrial
Although vacancy rates are expected to increase later in 2023, the market is likely to remain steady and strong, barring any major economic downturn."
Patrick Duffy | President
Key Takeaways
- Vacancy remains stable
- Construction volume unchanged
- Deliveries increasing
- Leasing activity drops
- Rental rates increasing
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See the full article here: https://www.colliers.com/en/research/houston/q1-2023-houston-industrial
Source: Colliers | Houston
Filed Under: Real Estate
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