The annual taking rent of industrial big box buildings in Houston, Texas, increased notably in the first half of 2023, after stagnating for two years in a row. In the first half of the year, a square foot of big box space cost 5.92 U.S. dollars, up from 5.25 U.S. dollars the year before. Big-box buildings refers to large industrial buildings used for distribution. Despite the increase in rental rates, big box rents in Houston were lower than the average in North America.
Annual taking rent per square foot of industrial big-box real estate in Houston, Texas from 2013 to 1st half 2023
(in U.S. dollars)
Characteristic
Taking rent per sf in U.S. dollars
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Colliers International. (September 27, 2023). Annual taking rent per square foot of industrial big-box real estate in Houston, Texas from 2013 to 1st half 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1306530/taking-rent-per-sf-of-big-box-buildings-texas-houston/
Colliers International. "Annual taking rent per square foot of industrial big-box real estate in Houston, Texas from 2013 to 1st half 2023 (in U.S. dollars)." Chart. September 27, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1306530/taking-rent-per-sf-of-big-box-buildings-texas-houston/
Colliers International. (2023). Annual taking rent per square foot of industrial big-box real estate in Houston, Texas from 2013 to 1st half 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1306530/taking-rent-per-sf-of-big-box-buildings-texas-houston/
Colliers International. "Annual Taking Rent per Square Foot of Industrial Big-box Real Estate in Houston, Texas from 2013 to 1st Half 2023 (in U.S. Dollars)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/1306530/taking-rent-per-sf-of-big-box-buildings-texas-houston/
Colliers International, Annual taking rent per square foot of industrial big-box real estate in Houston, Texas from 2013 to 1st half 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1306530/taking-rent-per-sf-of-big-box-buildings-texas-houston/ (last visited August 24, 2024)
Annual taking rent per square foot of industrial big-box real estate in Houston, Texas from 2013 to 1st half 2023 (in U.S. dollars) [Graph], Colliers International, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/1306530/taking-rent-per-sf-of-big-box-buildings-texas-houston/