Houston Industrial Sector Sees 57% Increase in Deliveries
From 2013 to 2017, Houston added approximately 47 million square feet of new industrial space to the market, a 57 percent increase in warehouse, light manufacturing and multi-use space compared to the five-year period that preceded it. The city’s industrial sector registered that growth at a time when the energy capital experienced a 30 percent drop in average oil prices.
Moreover, the market saw 392 new industrial buildings added during the 2013…
