There are fewer and fewer options for businesses needing warehouse space in Houston. Freestanding warehouses for lease or sale are becoming very difficult to locate. If you need a crane served warehouse, your only options are new construction and expensive. With rates averaging $.68 PSF NNN/month, many businesses can’t afford the cost. Will this push [...]
Eric Hughes at Centermark Commercial Real Estate just completed a 54,000 SF industrial lease for McCorvey Real Estate Holdings at 4800 Fidelity in Houston. The 54,000 SF building will be home to Panalpina Inc’s heavy freight division. The company had very few options when looking for warehouse for lease in the Port of Houston [...]
Say what you want about the oil and gas industry…you can’t deny it has been very good to Houston, Texas. The trickle down of this prosperity is a booming industrial market experiencing near record absorption and rate increases. Bottom of the market distribution space which was renting for $.28 psf/gross/month a year ago is now [...]
Warehouse for lease on the East side of Houston is in demand as the Port of Houston and the energy industry continue to thrive. Dock high space East of Loop 610 East smaller than 50,000 SF is difficult to locate. As a result, our Warehouse Property Pick of the Week is 3003 Highway 225 in [...]
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