Q1 2022 Houston Industrial Market Report

Houston’s industrial market continues to register record levels of demand, as 38.9 million of direct net SF was positively absorbed over the past year. This is the second-highest amount out of all U.S. metros, trailing only Chicago. This level of demand formation is more than double the previous record high for Houston of 17.5 million SF (set in 2020). Meanwhile, leasing activity also reached a record high in 2021, a signal that the strong pace of absorption will persist into 2022.

Houston - TX-Industrial-Market-2022-04-271.pdf