Q1 2022 Houston Retail Market Report

coydavidson coydavidson | 2 years ago

Houston Highlights Houston’s vacancy rate decreased 20 basis points from 5.8% to 5.6% over the quarter as more inventory was leased than new inventory delivered. Houston’s retail sector recorded 1.1 million square feet of positive net absorption in the first quarter. Leasing volume reached 1.9 million square feet in Q1, an increase of 26% over […] The post Q1 2022 | Houston Retail Market Report appeared first on THE TENANT ADVISOR.

Q1 2022 | Houston Industrial Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Highlights Houston’s Industrial market continued to gain momentum as leasing velocity reached 10 million square feet in the first quarter. The increase in demand for space continued to spur new development with over 18 million square feet under construction and an additional 65 million square feet proposed or in the final planning stage. Houston’s […] The post Q1 2022 | Houston Industrial Market Report appeared first on THE TENANT ADVISOR.

Q2 2022 | Houston Retail Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s vacancy rate decreased 50 basis points from 5.6% to 5.1% over the quarter as more inventory was leased than new inventory delivered. Houston’s retail sector recorded 1.3 million square feet of positive net absorption in the second quarter, pushing the year-to-date total absorption to 2.4 million square feet. Year-to-date leasing activity reached 3.1 million square feet, an increase of 24% when compared to mid-year 2021. The average asking rental rate increased 2...

coydavidson coydavidson | 2 years ago

Houston Highlights Houston’s office market posted positive net absorption in Q1 2022, recording 899,763 square feet. About half of the absorption was Hewlett Packard Enterprise’s move into two new buildings in The Woodlands submarket. The buildings HPE left unoccupied were sold and are expected to be placed on the rental market later in the year, […] The post Q1 2022 | Houston Office Market Report appeared first on THE TENANT ADVISOR.

Q2 2022 | Houston Office Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s office market posted negative net absorption in Q2 2022, recording (-224,211) square feet. The overall average vacancy rate rose marginally by 10 basis points between quarters from 23.4% to 23.5%. Office inventory remained unchanged, as no new inventory was added and there is 2.0 million SF of office space under construction. Average rental rates increased over the year. Houston’s Class A overall average full-service rental rate rose from $35.10 per square foot ...

Q2 2022 | Houston Industrial Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s industrial market continued to gain momentum as leasing velocity reached over 10 million square feet in the second quarter. The increase in demand for space continued to spur new development with over 21 million square feet under construction and an additional 65 million square feet proposed or in the final planning stage. Houston’s industrial market recorded 6.6 million square feet of positive net absorption in the second quarter. The vacancy rate decreased 280...

Houston Office Market Report | Q3 2022 - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s office market posted negative net absorption in Q3 2022, recording -409,185 square feet. The overall average vacancy rate rose marginally by 20 basis points between quarters from 23.1% to 23.3%. Office inventory increased slightly as 97,600 square feet of new inventory was added. There is two million square feet of office space under construction. Houston’s average NNN rental rates increased over the year but fell slightly on a quarterly basis. Houston’s Class...

2021 | Year-End Houston Healthcare Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Healthcare Real Estate Records a Strong Performance in 2021 Houston’s medical office building (MOB) market posted 869,962 square feet of positive net absorption in Q4 2021, bringing the year-end total to 859,192 square feet. The vacancy rate fell over the year from 12.9% to 12.1%. Houston’s MOB inventory increased slightly with 471,245 square feet […] The post 2021 | Year-End Houston Healthcare Market Report appeared first on THE TENANT ADVISOR.

Houston Healthcare Report | Q2 2022 - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s medical office building (MOB) market posted 531,293 square feet of positive net absorption in the first half of 2022, an increase over the 219,659 square feet recorded in the first half of 2021. The vacancy rate fell over the year from 13% to 12.1%. Houston’s MOB inventory increased slightly with 514,775 square feet of new inventory added in the second half of 2022 and there is 2.3 million SF of MOB space under construction. The average asking NNN rental rate ro...

2022 | Houston Economic Outlook - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Highlights The Houston MSA 2021 population grew by 467,000 during the last five years to over 7.2 million and is projected to grow by almost 589,000 over the next five years. Houston’s racial diversity is twice as high as the national average. Houston’s unemployment rate and job growth made huge improvements between 2020 and […] The post 2022 | Houston Economic Outlook appeared first on THE TENANT ADVISOR.

Q1 2022 | Houston Retail Market Report - THE TENANT ADVISOR

Q1 2022 | Houston Retail Market Report - THE TENANT ADVISOR

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Q1 2022 | Houston Retail Market Report - THE TENANT ADVISOR

Q1 2022 | Houston Retail Market Report - THE TENANT ADVISOR