The vacancy rate of big-box buildings in Houston, Texas fell substantially between 2020 and 2022, followed by an increase in 2023. In the first half of 2023, approximately 13 percent of big-box space was vacant, down from approximately 17.6 percent in 2020. Big-box buildings refer to large industrial buildings used for distribution. Overall, the vacancy rate in Houston was higher than the average vacancy rate in North America.
Vacancy rate of industrial big-box industrial real estate in Houston, Texas from 2011 to 1st half 2023
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Colliers International. (September 27, 2023). Vacancy rate of industrial big-box industrial real estate in Houston, Texas from 2011 to 1st half 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1306526/vacancy-rate-of-big-box-buildings-houston-usa/
Colliers International. "Vacancy rate of industrial big-box industrial real estate in Houston, Texas from 2011 to 1st half 2023 ." Chart. September 27, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1306526/vacancy-rate-of-big-box-buildings-houston-usa/
Colliers International. (2023). Vacancy rate of industrial big-box industrial real estate in Houston, Texas from 2011 to 1st half 2023 . Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1306526/vacancy-rate-of-big-box-buildings-houston-usa/
Colliers International. "Vacancy Rate of Industrial Big-box Industrial Real Estate in Houston, Texas from 2011 to 1st Half 2023 ." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/1306526/vacancy-rate-of-big-box-buildings-houston-usa/
Colliers International, Vacancy rate of industrial big-box industrial real estate in Houston, Texas from 2011 to 1st half 2023 Statista, https://www.statista.com/statistics/1306526/vacancy-rate-of-big-box-buildings-houston-usa/ (last visited August 24, 2024)
Vacancy rate of industrial big-box industrial real estate in Houston, Texas from 2011 to 1st half 2023 [Graph], Colliers International, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/1306526/vacancy-rate-of-big-box-buildings-houston-usa/