SVN Research
Market Spotlight - 2024 Q4 Office | Houston, TX Metro Area
February 03, 2025
- February 03, 2025
- Kyle Kretsinger
Industrial market in Houston appears to be stabilizing. Supply is waning and demand is still higher than normal strong absorption rates andlower vacancy rates. Rent growth has dropped to 1%. If demand remains strong, the slowdown in supply could create a boost in rent growth moving forward. With its population growth, manufacturing sector and petrochemical industry and a major port, Houston is poised to maintain industrialdemand in 2025.
About SVN | J. Beard Real Estate – Greater Houston
SVN | J. Beard Real Estate – Greater Houston is an independently owned and operated SVN® office located in The Woodlands, Texas. The SVN® brand is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues, and communities. Currently, SVN comprises over 2,000 advisors and staff working in more than 200 offices across the globe. SVN’s brand pillars represent the transparency, innovation and inclusivity that enable all our advisors to collaborate effectively with the entire real estate industry on behalf of our clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Advisors create outsized value for all stakeholders. For more information, visit www.jbeardcompany.com.