Leasing activity in the big-box industrial market in Houston, Texas declined in 2023. The most of the space was leased in properties in the 200,000 to 499,999 size class, amounting to approximately 6.1 million square feet of the total 10.4 million square feet of big box space leased in 2023. The third-party logistics sector accounted for the largest share of leased space. With the largest port on the Gulf Coast and strategic location with access to both East and West coals, Houston is one of the major industry and logistic markets in the United States.
Volume of big box industrial property leased in Houston, Texas from 2020 to 2023, by size class
(in million square feet)
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CBRE Group. (April 29, 2024). Volume of big box industrial property leased in Houston, Texas from 2020 to 2023, by size class (in million square feet) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1306635/size-class-industrial-property-leasing-houston/
CBRE Group. "Volume of big box industrial property leased in Houston, Texas from 2020 to 2023, by size class (in million square feet)." Chart. April 29, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1306635/size-class-industrial-property-leasing-houston/
CBRE Group. (2024). Volume of big box industrial property leased in Houston, Texas from 2020 to 2023, by size class (in million square feet). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1306635/size-class-industrial-property-leasing-houston/
CBRE Group. "Volume of Big Box Industrial Property Leased in Houston, Texas from 2020 to 2023, by Size Class (in Million Square Feet)." Statista, Statista Inc., 29 Apr 2024, https://www.statista.com/statistics/1306635/size-class-industrial-property-leasing-houston/
CBRE Group, Volume of big box industrial property leased in Houston, Texas from 2020 to 2023, by size class (in million square feet) Statista, https://www.statista.com/statistics/1306635/size-class-industrial-property-leasing-houston/ (last visited December 30, 2024)
Volume of big box industrial property leased in Houston, Texas from 2020 to 2023, by size class (in million square feet) [Graph], CBRE Group, April 29, 2024. [Online]. Available: https://www.statista.com/statistics/1306635/size-class-industrial-property-leasing-houston/