Similar to other fast-growing Sun Belt markets such as Dallas-Fort Worth, Phoenix and Atlanta, Houston saw a record high of new supply in 2023—about 35 million square feet, 53% of which remains available for lease.
Industrial Construction Starts Slow Sharply in Houston, Following National Trends
Total Groundbreakings in 2023 at Lowest Point Since 2018
CoStar Analytics
January 8, 2024 | 8:43 P.M.
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