BY RAY HANKAMER
rhankamer@gmail.com
Takeaway: Industrial vacancies in Houston overall are so low that Houston is the envy of most other markets in the country: 6% average vacancy over last ten years. In spite of vigorous new delivery of product all around Houston, absorption is strong, especially in NW and SE, with some weakness (believed to be temporary) in North-IAH sector. Houston is healthy and Industrial is very bullish.