Hwy 59/Hwy 90 (Alt)
Houston - TX USA - Industrial Submarket
Industrial real estate intelligence for the Hwy 59/Hwy 90 (Alt) submarket. 32.3M SF of inventory with 5.1% vacancy. Data sourced from various MLS platforms.
32.3MSF
Inventory
2.2MSF
Available
5.1%
Vacancy
6.6%
Availability Rate
$9.71
Asking Rent
0.1%
Rent Growth
413KSF
12mo Absorption
1.1MSF
Under Construction
Market Metrics
12mo Delivered
257K SF
Under Constr % of Inv
3.5%%
Sale Price/SF
$118
Cap Rate
8.1%%
12mo Sales Volume
$143,710,000
Sales Vol Growth
630.6%
Asset Value
$3,948,265,312
Net Absorption
+413K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| Houston One | - | 118,248 | Safanad |
| 4202 Fidelity St | - | 425,720 | Industrial Realty Group, LLC |
| 15555 Cutten Rd (Part of a 3 Property Portfolio) | - | 263,811 | Buyer 1 Manulife Financial Corporation | Buyer 2 Serverfarm |
| CTX1 | - | 263,640 | Buyer 1 Manulife Financial Corporation | Buyer 2 Serverfarm |
| HTX1 | - | 350,000 | Buyer 1 Manulife Financial Corporation | Buyer 2 Serverfarm |
Data Centre Development Potential
Moderate vacancy (5.1%) in Hwy 59/Hwy 90 (Alt) suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 1.1M SF indicates developer confidence in the submarket. Positive net absorption of 413K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Houston - TX USA
Evaluating Hwy 59/Hwy 90 (Alt) for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.