Houston economy slowing, opening up more retail space

  • Houston currently holds 16.65 square feet of vacant retail space.
  • Construction still booming with 3.7 million square feet underway.
  • Leasing activity dropped 6.2 percent quarter-over-quarter.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Houston’s economy, largely dependent on oil, is seeing dips as the primary source of revenue drops and countless energy jobs are eliminated, according to the Colliers International Q1 Houston Retail report.