Newmark：2025年第三季度休斯顿工业市场报告（英文版）

The market realized 1.6 MSF of positive absorption in the third quarter of 2025, a quarterly decrease of 37.0%. Overall rental rates rose 13.0% year over year to $10.52/SF, reaching a new all-time high for the sixth consecutive quarter. Construction deliveries declined to 4.7 MSF in the third quarter of 2025, while the pipeline grew to 20.8 MSF under construction. The vacancy rate rose by 30 basis points quarter over quarter and by 60 basis points year over year to 7.4%, driven up by new deli