Big Box (240,000-280,000 SF) Manufacturing & Distribution Warehouses for Lease Houston Metro
The staff at Centermark Commercial Real Estate, our Houston Affiliate, put together a survey of Big Box/Distribution Warehouses in the Houston Metro Area recently. This one in particular is for spaces that are, or can be demised to the size of 240,000 to 280,000 square feet. The particular client is looking for a Manufacturing and Distribution space. We find that these client exercises are a good opportunity to provide good information to other potential clients - hence as are making it a practice to post a summary of the work we do. We found that there were at least 13 properties meeting this criteria - they are summarized in the table below:
|Number||Total SF||Total SM||Office SF||Clear Height||Fire Protection||Electrical|
The base rent for these properties ranged from $3.60 to $5.40 per square foot and OPEX ranged from $1.82 to $3.00 per square foot. The tenant improvement allowance ranged from $4 to $6 per square foot for improvements where specified.
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