• Just over one million sq. ft. of industrial space was absorbed in Houston during the third quarter of 2020.
  • Year-to-date absorption totaled 7.5 million sq. ft.
  • 3.0 million sq. ft. of industrial space was delivered during the third quarter, bringing the year-to-date delivery total to 18.5 million sq. ft.
  • The pipeline of under construction product was just over 19.3 million sq. ft., with 47.7% of this space pre-committed.
  • Construction starts tracked over the quarter totaled 4.3 million sq. ft. and were 22.3% pre-leased or owned.