Houston Industrial Commercial Real Estate
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Industrial Commercial Real Estate in Houston
Internationally recognized for its industrial prowess since its incorporation in 1837, Houston’s importance as a transportation, manufacturing, and commercial hub has only grown since the construction of the railroad. Thanks to the need for shipping of cotton, oil, and petroleum extraction equipment throughout the United States and around the world, Houston quickly became vital to the economic vitality of the southern and midwestern United States.
Today, nearly a quarter of Houston’s economic output is devoted to the oil and natural gas industry, with roughly two-thirds of the area’s export market devoted to petroleum byproducts, extraction equipment, and chemical manufacturing. In fact, the metropolitan GDP is larger than some developed countries, with much of the economic force of that industry.
Thanks to its lengthy dedication to industry and commerce, there are countless opportunities to find and secure a suitable industrial space for your needs. Downtown Houston isn’t the most viable option, so most companies look further outside the city’s core. Spring Valley Village offers plenty of options, as do the interchanges north of the city at I-610 & I-69, and I-610 & I-45. Further east, Magnolia Park, Harrisburg, and Manchester offer easy access to air freight and Buffalo Bayou’s bevy of shipping facilities.
Market Stats
Houston has 13,361 commercial real estate spaces for lease, representing 195,295,279 sqft space.
2938 buildings are available for sale.
In the past 30 days, Houston has had 16631 spaces leased and 10 new spaces come on market.