Colliers International | Houston

Colliers is pleased to announce the sale of Tanner Road Business Park, a ±83,512 square foot multi-tenant industrial shallow bay complex located at 9863-9869 Tanner Road in Houston, Texas.

Looking back at 2024, the flight-to-quality trend led the way with nearly 1 million square feet of positive absorption in buildings constructed since 2015, contrary to the overall 1.2 million square feet of negative absorption reported citywide.

"Wrapping up 2024, the industrial market in Houston continued to post strong demand with over 19 million square feet of positive absorption recorded for the year.

Colliers is pleased to announce the sale of two industrial buildings totaling 15,000 square feet located at 12062 and 12068 FM 3083 in Conroe, Texas

The Houston multifamily market finished the second quarter with strong positive absorption in all classes, resulting in an increase in occupancy rates. New completions also increased while the construction pipeline fell during the quarter.

"Key fundamentals in Houston's retail sector led to a robust second quarter. Demand outpaced new supply, resulting in low vacancy and availability rates.

"A strong second quarter has enhanced the year's solid start for the Houston industrial market. Tenant demand remains elevated, supported by the benefits of the region's population growth and low cost of living.

Frank Blackwood, CCIM joins Colliers in Houston as Senior Vice President focusing on land services.

Colliers is pleased to announce the sale of the 10,203 square foot industrial building located at 495 Shale Rd in Pleasanton, TX.  The seller, a private entity, was represented by Todd Moore, Barkley Peschel and Connor Duffy of Colliers.

84 Lumber, the nation's largest privately held supplier of building materials, has signed a 142,100 square foot long-term lease in the Barker Cypress Distribution Center at 12020 Barker Cypress Road in Cypress, Texas.