Figures
Texas Industrial Figures Q3 2024
November 13, 2024 15 Minute Read
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- Q3 2024 net absorption for the top five Texas industrial markets totaled 13.3 million sq. ft. while year-to-date net absorption reached 39.0 million sq. ft.
- The market with the highest quarterly net absorption was Houston with 6.2 million sq. ft. absorbed.
- The average vacancy rate across markets was 8.7%.
- 11.1 million sq. ft. of industrial space was delivered during Q3 2024.