EXPLORE

Houston

Industrial Inventory

720 M SF

Population

2.32 M

Current Vacancy

7.2%

Get to Know

Houston, Texas

Houston is located in Southeast Texas near Galveston Bay and the Gulf of Mexico. It is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth.

Unemployment Rate
(as of 4q 2022)

4.2%

Historical Vacancy
(2016-2022)

6.2%

Projected Rent Growth
(2022-2026)

3.5%

Historical Rent Growth
(2016-2020)

1.9%

Historical Net absorption
(2016-2020)

11.91 M

Houston

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