Colliers International | Houston

The last three quarters of 2021 brought a flurry of leasing and sales activity, resulting in Houston finishing the year as the nation's hottest retail market.

Despite adding approximately 25 million square feet of new industrial space in 2021, the market took it in stride and managed to absorb a record 28.5 million feet and drive the vacancy rate down to 7.1%.

Q4 2021 | Houston Office Commercial Real Estate Research & Forecast Report

280 Unit, Class A multifamily investment asset sold in northwest San Antonio

144 unit apartment complex in Houston, Texas Colliers is pleased to announce the sale of Woodstone Manor Apartment Homes located at 10250 Lands End in Houston, Texas. Bob Heard, Chip Nash and J.

Colliers is pleased to announce the sale of Stone Gate Center, a 11,625 square foot five-unit retail property located at 11700 Barker Cypress Road in Cypress, Texas. The buyer, Tomball Best Food, was represented by Dawn Askew of Republic Central Realty.

After a challenging year in 2020, and a roller coaster ride to this point in 2021, the future of the Austin market looks very bright.

Key Takeaways Construction costs increased at a rapid paceArchitects and engineers rethink designs due to material shortagesQ3 quarterly absorption outpaced first two quarters of 2021 combinedVacancy dropped 90 basis points in Q3 Houston Highlights...

Houston's retail market remains one of the more active sectors in the country and demand is starting to quickly outpace the supply of quality space.

"The office market stabilized in Q3 as expected. Absorption was only very slightly positive, but the positive absorption reverses what had been steady declines.