Freestanding Warehouses for Lease – Houston…a very tight market
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There are fewer and fewer options for businesses needing warehouse space in Houston. Freestanding warehouses for lease or sale are becoming very difficult to locate. If you need a crane served warehouse, your only options are new construction and expensive. With rates averaging $.68 PSF NNN/month, many businesses can’t afford the cost. Will this push some companies to consider alternatives outside Houston? If the economy stays strong in the Houston area and the Panama Canal widening stays on schedule, the East Houston industrial market will be drastically underserved.
There are only one or two second generation, crane ready or crane served warehouses for lease or sale East of Downtown Houston. With little to no land available for development near the Port, the only choices will be out near Beltway 8 or further.
If you need warehouse space for lease or purchase in the Greater Houston area, please contact Eric Hughes, our exclusive commercial broker affiliate for the Houston area.
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- Houston, TX