Figures

Texas Industrial Figures Q4 2024

January 29, 2025 15 Minute Read

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  • Q4 2024 net absorption for the top five Texas industrial markets totaled 12.7 million sq. ft. while total annual net absorption reached 51.8 million sq. ft.
  • Overall rent and rents across most size categories saw at least modest year-over-year growth in year-1 taking rents.
  • The average vacancy rate across markets was 8.2%, a quarter-over-quarter decline.
  • 10.3 million sq. ft. of industrial space was delivered during Q4 2024.