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Houston medical office market stabilizes as construction slows, demand remains strong

Nearly 5 million square feet constructed since 2023, but next supply wave may be over
CoStar Analytics
September 16, 2026 | 4:10 P.M.

Houston's medical office market is showing signs of stabilization after absorbing one of the largest development waves in its history, with strong tenant demand helping offset the impact of nearly 1 million square feet of new supply completed over the past year.

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