7 things to know before optimizing your warehouse in the Houston market
As many have projected, new construction during the second half of 2023 has raised vacancy rates in many markets as we enter 2024. [1] Nonetheless, the U.S. industrial market has been very resilient. In fact, the state of Texas has remained in the top five growth markets in terms of net absorption as a percentage of inventory, with Dallas-Fort Worth at the top, and Houston ranked fifth. [1] By the end of 2023, Houston had a positive net absorption of 20.7 million square feet and is strategically…