Net absorption for Houston Industrial market was positive 1,963,952 square feet in Q3 2018

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Net absorption for the overall Houston Industrial market was positive 1,963,952 square feet in the third quarter 2018. That compares to positive 919,005 square feet in the second quarter 2018, positive 3,043,889 square feet in the first quarter 2018, and positive 932,624 square feet in the fourth quarter
2017.

The Flex building market recorded net absorption of positive 43,380 square feet in the third quarter 2018, compared to negative 183,394 square feet in the second quarter 2018, positive 59,029 in the first quarter 2018, and positive 114,856 in the fourth quarter 2017.

Houston 2018 Q3 Industrial Market Report
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Houston Industrial market ended the first quarter 2018 with a vacancy rate of 5.4%
Office vacancy rate in the Houston market area decreased to 16.4%
Houston’s office market continues to recover from the aftershock of the oil downturn.
Total Industrial inventory in the Houston market area amounted to 609,179,265 square feet in 19,786 buildings as of the end of the Q2 2018
Houston Industrial market ended the fourth quarter 2018 with a vacancy rate of 5.5%