North Hardy Toll Road

Houston - TX USA - Industrial Submarket

Industrial real estate intelligence for the North Hardy Toll Road submarket. 51.5M SF of inventory with 9.4% vacancy. Data sourced from various MLS platforms.

51.5MSF

Inventory

7.6MSF

Available

9.4%

Vacancy

14.1%

Availability Rate

$9.83

Asking Rent

-0.2%

Rent Growth

162KSF

12mo Absorption

2.0MSF

Under Construction

Market Metrics

12mo Delivered

1.3M SF

Under Constr % of Inv

4.0%%

Sale Price/SF

$110

Cap Rate

8.0%%

12mo Sales Volume

$41,028,656

Sales Vol Growth

280.3%

Asset Value

$5,881,021,298

Net Absorption

+162K SF

Recent DC Sales in Market

Property	Price	SF	Buyer
SFO1	$119.3M	26,900	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
4495 Low Latency Ln	-	200,000	-
4495 Low Latency Ln	-	200,000	-
8425 N 114th St	$2.6M	232,663	Google
Santa Clara Data Center/SFO2-B	$55.0M	128,780	CSquare

Available DC Space in Market

Property	Avail SF	Rent	Owner
Four Overlook Point	863,403	$21.87 - 26.73 (Est.)	Woodcrest Capital LLC
Building D	20,678	$10.86 - 13.27 (Est.)	Entrada Partners
The Falchi Building	272,217	$23.00	Savanna Real Estate Fund
McHenry Corporate Center IV	42,811	$6.00 - 12.50	Gold Drop
2149 Queens Chapel Rd NE	15,086	$11.00	Ali Hassani

Data Centre Development Potential

High vacancy (9.4%) in North Hardy Toll Road may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 2.0M SF indicates developer confidence in the submarket. Positive net absorption of 162K SF over the past 12 months signals healthy demand fundamentals.