HOUSTON—According to JLL research, the northwest continues to be one of Houston's top-performing industrial submarkets, recording 996,628 square feet of positive net absorption in the first half of 2017. On a whole, Houston's industrial market remains healthy, with an overall vacancy rate of just 5.1%.
Demonstrating this healthy market dynamic, LSI Industries Inc. recently renewed its 140,695-square-foot industrial lease at Prologis Park–West by Northwest, which is located at 14902 Sommermeyer St.
Built in 1983, the 264,461-square-foot industrial building was the second of 26 buildings constructed within Prologis' West by Northwest industrial park. Features of the building include front-load dock configuration, ample parking, 24-foot clear heights, and immediate access to Beltway 8 and Highway 290.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
