North Houston Commercial Real Estate Market Report

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. 

Federal Reserve The Marriner S. Eccles building built in 1937.

Q3 2024 North Houston Commercial Real Estate Market Report

What the Fed's Recent Cut Means for the North Houston Commercial Real Estate Market?
Federal Reserve The Marriner S. Eccles building built in 1937.

Can Rate Cuts Revive Deal Flow?

In the Q3 Report, we explore rate cuts and real estate: What the Fed’s Move Means for North Houston’s Commercial Market.

Q 3 Market Report graph showing colorful lines. In short, as the cost of capital decreases, commercial real estate deal flow should pick up – an overall good for the real estate market.

A Closer Look at Real Estate Recovery

An area to watch is the multi-family market, which often leads the way in real estate deal flow. The coming months will be telling as lower rates and improved deal flow may provide the sector with a much-needed boost.

District Stats

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

Aerial drone view of a large logistics and distribution center located near a major freeway. The image shows several expansive warehouses with trucks parked at loading docks. The freeway, busy with traffic, runs alongside the facility, with clear blue skies and bright sunlight highlighting the buildings and surrounding roads. Green spaces and other industrial facilities are visible in the background, indicating a well-developed commercial

Q2 2024 North Houston Commercial Real Estate Market Report

Rate Cuts and Real Estate: What the Fed's Move Means for North Houston’s Commercial Market
Q1 2024 Summary

Q1 2024 Summary

Multi-family overview: On whole, a bullish outlook
Q4 2023 Summary

Q4 2023 Summary

New Developments in the District – More Logistics On The Way

Questions? Connect with us.

Robert Fiederlein

Vice President Planning and Infrastructure
Direct: 281-874-2132

Mobile: 713-816-5413
rfiederlein@www.northhouston.org