Colliers International | Houston

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.

If you were a tenant seeking more than 100,000 SF of industrial space this quarter, we feel for you.

Key Takeaways Occupancy up quarter over quarter, but down annuallyAbsorption increased quarterly and annuallyAverage rents rose over the year and over the quarterNew supply increased over the quarter and year-over-yearSales volume still below...

Key Takeaways Vacancy increased annually, but dropped quarterlyYear-to-date absorption is positiveConstruction and deliveries are down year over yearRental rates rose quarterly and annually Houston Highlights Houston's medical office building (MOB)...

Key Takeaways Occupancy up quarter over quarter and annuallyAbsorption increased quarterly and annuallyAverage rents rose over the year and over the quarterSupply decreased over the quarter Houston Highlights The Houston-The Woodlands-Sugar Land, TX MSA..

Key Takeaways Office vacancy increases, but so does leasing activityMedical office vacancy increases and average rents dropIndustrial vacancy increases as new inventory deliversRetail records negative net absorption and vacancy increases Office...

The Woodlands office market vacancy rate decreased from 16.8% to 16.4% over the quarter, but is still well under the Houston Metro and Houston CBD average vacancy rates of 23.0% and 25.7%, respectively.

The ravaging effects of the pandemic on the commercial real estate market have subsided for the time being in the Lone Star State...