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Long-term retail owners have sizable mark-to-market rent increase opportunities at lease renewal

Fast-growing, affluent suburbs lead long-term gains
CoStar Analytics
September 25, 2025 | 9:16 P.M.

The rate of rent increases in Houston's retail market has been slowing for the past two and a half years, with average retail rents rising by just 1.4% year-over-year, near 2020-year lows. Higher operating costs and weaker retail sales growth are limiting landlords' ability to push rents.

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News | Long-term retail owners have sizable mark-to-market rent increase opportunities at lease renewal