HOUSTON--As of the first quarter of this year, industrial construction in Houston topped 8.88 million square feet and second quarter construction may set a new record, says new analysis from CBRE.
CBRE recently ranked the city tenth overall on its inaugural "North America Ports & Logistics Annual Report,” based on port infrastructure and the strength of the local industrial market.
“The region's main economic engines, including energy, job and population growth, and petrochemicals should support the Port of Houston Authority's record freight volumes for the foreseeable future,” Billy Gold, CBRE senior vice president, told GlobeSt.com.
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