Houston Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from CBRE, Colliers, Cushman & Wakefield, Matthews, JLL, Partners Real Estate, Newmark, Savills
Quarterly industrial market indicators for Houston, aggregated by CREhunt from CBRE, Colliers, Cushman & Wakefield, Matthews, JLL, Partners Real Estate, Newmark, Savills. As of Q2 2026, vacancy was 6.7%, per CBRE.
Projected current industrial pricing — Houston
Projected asking rent
$7.73/SF/yr
Estimated sale value
$67–$82/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.7%, asking rent held flat). Assumes ~93% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 CBRE | — | 6.7% | 8 SF | — | CBRE |
| Q1 2026 Colliers | — | 8.4% | 1.2M SF | — | Colliers |
| Q1 2026 Cushman & Wakefield | $7.67/SF/yr | 5.9% | 4.9M SF | 2K SF | Cushman & Wakefield |
| Q1 2026 Matthews | — | 7.4% | 3.2M SF | — | Matthews |
| Q1 2026 CBRE | — | 7.5% | 3.2M SF | — | CBRE |
| Q1 2026 JLL | $7.80/SF/yr | 7.0% | 4.6M SF | — | JLL |
| Q1 2026 Partners Real Estate | — | 7.5% | 3.7M SF | — | Partners Real Estate |
| Q4 2025 Newmark | $10.67/SF/yr | 7.4% | 3.6M SF | 24.0M SF | Newmark |
| Q4 2025 Cushman & Wakefield | $7.78/SF/yr | 6.0% | — | 35 SF | Cushman & Wakefield |
| Q4 2025 Savills | — | 7.3% | — | — | Savills |
| Q4 2025 Partners Real Estate | $10.68/SF/yr | 7.4% | 3.6M SF | — | Partners Real Estate |
| Q3 2025 Newmark | $10.52/SF/yr | 7.4% | 1.6M SF | 20.0M SF | Newmark |
| Q3 2025 Savills | — | — | 9.9M SF | — | Savills |
| Q3 2025 Cushman & Wakefield | $7.76/SF/yr | 6.3% | — | 3 SF | Cushman & Wakefield |
| Q2 2025 CBRE | — | 4.5% | 7 SF | — | CBRE |
| Q2 2025 Matthews | — | 7.0% | 13.8M SF | — | Matthews |
| Q2 2025 Newmark | $10.27/SF/yr | 7.1% | 1.2M SF | 18.0M SF | Newmark |
| Q2 2025 Colliers | — | 8.2% | 2.4M SF | — | Colliers |
| Q1 2025 Newmark | $9.69/SF/yr | 6.8% | 875K SF | 16.0M SF | Newmark |
| Q4 2024 Newmark | $9.50/SF/yr | 6.7% | 2.9M SF | 13.0M SF | Newmark |
| Q3 2024 Newmark | $9.45/SF/yr | 7.1% | 5.7M SF | 14.0M SF | Newmark |
| Q1 2024 Newmark | $9.19/SF/yr | 7.5% | 2.1M SF | — | Newmark |
| Q4 2023 Newmark | $9.39/SF/yr | 7.0% | 2.3M SF | 21.0M SF | Newmark |
| Q3 2023 Newmark | $9.19/SF/yr | 6.5% | 6.3M SF | 22.0M SF | Newmark |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Houston industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| NORTH | $7.37/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| North-Far | $6.43/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| North-Mid | $8.35/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| North-Montgomery County | $9.00/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| North-Near | $3.00/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| NORTHEAST | $8.18/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Northeast-Far | $9.03/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Northeast-Near | $6.03/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| NORTHWEST | $8.30/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Northwest-Far | $7.50/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Northwest-Near | $11.22/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| SOUTH | $7.78/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| South-Far | $6.00/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| South-Near | $10.00/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| SOUTHEAST | $7.57/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Southeast-Far | $10.20/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Southeast-Mid | $10.16/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Southeast-Near | $6.86/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| SOUTHWEST | $12.87/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Southwest-Far | $12.87/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Southwest-Near | $7.94/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| WEST | $11.55/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| West-Far | $11.55/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| West-Waller County | $9.56/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
Frequently asked questions
- What is the average asking rent for industrial space in Houston?
- CREhunt aggregates industrial asking-rent data for Houston from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the industrial vacancy rate in Houston?
- The industrial vacancy rate in Houston was 6.7% as of Q2 2026 (CBRE).
- Where does CREhunt's Houston market data come from?
- This report aggregates quarterly industrial market data for Houston from CBRE, Colliers, Cushman & Wakefield, Matthews, JLL, Partners Real Estate, Newmark, Savills.
Looking for active inventory? Browse industrial listings, read how to buy industrial property, see interactive market trends, or estimate a property's rent or price.