As institutional capital turns its eye toward Houston’s industrial market, a growing number of longer-term owners may slim the list of available industrial properties around town.
“There aren’t that many sellers,” said Jim Foreman, executive director at Cushman & Wakefield, speaking generally about the Houston industrial market. “A lot of stuff is institutionally owned by the REITS – like DCT Industrial and Clarion Partners. The market is made up of longer-term holders right now.”
Click to read more at Houston Business Journal.