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Texas  + Industrial  | 

Is Houston’s Industrial Market Primed for a Reprieve?

Connect Industrial is heading to Chicago, June 28th. Here’s where to get more details and register.

The Houston industrial construction pipeline stands at 4.3 million square feet, with roughly 29% available for lease. NAI Partners June 2017 market report notes that Houston experienced 7.6 million square feet of leasing activity so far this year, encompassing 560 transactions.

Net absorption for the overall industrial market is at 2.7 million square feet, year-to-date. By comparison in 2016, total net absorption was 10.3 million square feet. The 11.3 million square feet of direct space absorption has been more than enough to balance the negative one million square feet from sublease space.

Land is being cleared for one of the Houston area’s biggest warehouses and job-growth projects so far in 2017, the one-million-square-foot Amazon distribution center in Katy.

The Port of Houston continues to thrive, handling nearly 13 million tons of cargo for the year, an increase of 9% over last year. Total container volumes have grown by 12%.

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Inside The Story

Read more at NAI PartnersConnect With NAI Partners’ Leta Wauson

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
  • ◦Lease