HOUSTON (Houston Association of Realtors)
– Houston’s office and industrial markets are recovering more quickly than
expected, according to the Houston Association of Realtors’
quarterly market research.
The office market fared well in first quarter 2011, especially Class-A
space, which had a positive absorption of 203,564 sf.
Overall negative net absorption was 64,608 sf.
The industrial market is stabilizing, with a negative absorption
of only 34,621 sf.