Northeast Hwy 90

Houston - TX USA - Industrial Submarket

Industrial real estate intelligence for the Northeast Hwy 90 submarket. 36.1M SF of inventory with 9.8% vacancy. Data sourced from various MLS platforms.

36.1MSF

Inventory

5.1MSF

Available

9.8%

Vacancy

13.7%

Availability Rate

$8.81

Asking Rent

-0.6%

Rent Growth

1.4MSF

12mo Absorption

1.1MSF

Under Construction

Market Metrics

12mo Delivered

1.6M SF

Under Constr % of Inv

2.9%%

Sale Price/SF

$113

Cap Rate

7.5%%

12mo Sales Volume

$55,298,999

Sales Vol Growth

-70.9%

Asset Value

$4,205,711,849

Net Absorption

+1.4M SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Skybox Austin	-	141,000	Buyer 1 GI Partners \| Buyer 2 Skybox Datacenters
Anderson Bldg	$4.5M	47,350	Gregory Realty GP
Houston One	-	118,248	Safanad
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC
1780 Jet Stream Dr (Part of a 8 Property Portfolio)	$4.4M	14,617	APWireless

Available DC Space in Market

Property	Avail SF	Rent	Owner
2149 Queens Chapel Rd NE	15,086	$11.00	Ali Hassani
951 Wendell Blvd	58,216	$9.50	VISHAY MEASUREMENTS GROUP INC
Building 3.4	28,800	$11.26 - 13.76 (Est.)	KFG Investment Company
Building B	72,215	$3.27 - 3.99 (Est.)	WBS Management & Acquisition Corp.

Data Centre Development Potential

High vacancy (9.8%) in Northeast Hwy 90 may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 1.1M SF indicates developer confidence in the submarket. Positive net absorption of 1.4M SF over the past 12 months signals healthy demand fundamentals.