281-874-2131
Get facts, stats, and case studies about the shifts happening within District boundaries with the North Houston Commercial Real Estate Market Report.
Stay ahead with the North Houston District’s Commercial Real Estate Market Reports, expertly crafted by Robert Fiederlein, our Vice President of Planning and Infrastructure and resident real estate expert. These reports offer hyperlocal insights, providing a comprehensive view of market shifts within our boundaries. Get an insider’s perspective on industrial, office, retail, and multifamily trends specific to our area. Whether you’re an investor, developer, or business owner, our reports deliver key data on vacancy rates, market rents, and new developments—all tailored to the unique conditions of the North Houston District. We conduct these reports to empower stakeholders with the knowledge they need to make informed decisions in one of Houston’s fastest-evolving commercial hubs.
Why We Do These Reports: Our goal is to spotlight the unique dynamics shaping North Houston’s real estate market. By offering a hyperlocal view, we provide actionable insights that national or citywide reports might overlook. From logistics and industrial growth to resilient office spaces, we track it all, so you can stay ahead in an ever-changing landscape.
HOTEL UPDATE: Q1 2025 North Houston Commercial Real Estate Market Report
The News is Good
We don’t know how any one hotel is performing, but we can see how the submarket is performing overall and how that performance has changed over time. We’ll focus on that last point—how have the hotels in the District been doing over time? The news is good.
Occupancy, ADR, and REVPar
In fact, all three metrics—occupancy, ADR, and REVPar—are at the high end of their 5-year range and have increased significantly over the last year. REVPar, for example, is 12.56% higher than it was this time last year.
Business Travel-focused Hotels
The North Houston District is home to quite a few business travel-focused hotels. This segment of the market includes everything from a La Quinta Inn or Hampton Inn to Hilton and Marriott-branded hotels (“upper midscale” to “upper upscale” in hospitality lingo). Altogether, there are 12 such properties comprising 1,733 rooms in the District.
Industrial/flex
Square Feet
Market Rent Per/sf
%
Vacancy Rate
%
Cap Rate
Office Class A
Square Feet
Market Rent Per/sf
%
Vacancy Rate
%
Cap Rate
Office Class B/C
Square Feet
Market Rent Per/sf
%
Vacancy Rate
%
Cap Rate
Retail
Square Feet
Market Rent Per/sf
%
Vacancy Rate
%
Cap Rate
Multi-Family
Square Feet
Market Rent Average
%
Vacancy Rate
%
Cap Rate
Recent Reports
Q4 2024 North Houston Commercial Real Estate Market Report
Q3 2024 North Houston Commercial Real Estate Market Report
Q2 2024 North Houston Commercial Real Estate Market Report
Questions? Connect with us.
Robert Fiederlein
Vice President Planning and Infrastructure
Direct: 281-874-2132
Mobile: 713-816-5413
rfiederlein@northhouston.org