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Houston Retail: Firing on All Cylinders

HOUSTON-Transwestern research affiliate Delta Associates notes a vacancy decline to 9.4% (down from 10.6% reported year over year) and retail rents anticipated to rebound during the remainder of 2013.

By Amy Wolff Sorter | Updated on July 10, 2013

HOUSTON-With the area’s economic engine firing on all cylinders, it should come as no surprise that the retail sector has been the beneficiary of jobs and population growth. Delta Associates, a research affiliate of Transwestern, underlines this commentary with statistics: During the first half of 2013, retail vacancy rates slid below 10% to stop at 9.4%. This is a decline from the 10.6% reported during the same period in 2012.

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