High occupancy, low availability: The catch-22 of Houston’s retail market

On paper, Houston’s second-quarter retail leasing performance looks sluggish, but that’s not to say demand dried up.

Rather, the market’s limited availability – and roughly 94 percent occupancy rate, which is record high – means Houston’s absorbed around half the retail space it absorbed in the first half of 2016, per a report from CBRE’s Houston office.

Click to read more at Houston Business Journal.