NEWS

OVERVIEW   PORT HOUSTON: DRIVING INDUSTRIAL AND LOGISTICS DEMAND Port Houston remains the primary catalyst for Southeast Houston’s industrial real estate market, supporting sustained demand across logistics, warehousing, distribution, import/export, and manufacturing. Its scale, multimodal connectivity, and continued infrastructure investment reinforce Houston’s position as one of the nation’s premier freight gateways, driving long-term industrial growth throughout the region.   CHANNEL CAPACITY AND TERMINAL EFFICIENCY Continued investments in terminal modernization, channel improvements, and technology are enhancing…

Executive Summary The Houston industrial distribution market continued to demonstrate remarkable resilience during the second quarter of 2026, reinforcing its position as one of the nation’s strongest logistics markets. While the pace of expansion has moderated from the record-setting levels experienced over the past several years, market fundamentals remain exceptionally healthy. Leasing activity strengthened during the quarter, asking rents reached a new cyclical high, and tenant demand continued to absorb recently delivered speculative space. The…

July 1, 2026 (HOUSTON) – Lee & Associates, a nationwide leader in commercial real estate services, announces the successful sale of 2216 Pech Road, a 24,825-square-foot property acquired by Russell and Sons Holding Company. The transaction was facilitated by Richard Glass, SIOR, Principal, and Conrad Chambers, Associate, of Lee & Associates, who represented the seller All-Tex Erection Systems, Inc. in the sale. Situated on approximately 2.0 acres, the property consists of two industrial buildings totaling…

Houston has long been recognized as one of the nation’s most dynamic commercial real estate markets. From its position as the energy capital of the world to its continued population growth, industrial expansion, and economic diversification, the city offers tremendous opportunities for both businesses and commercial real estate professionals. As the Houston market continues to evolve, developing the next generation of talent is one of the most important investments our industry can make.   At…

Lee & Associates Houston received significant national recognition at the 2026 Lee Summit, with team members and the office honored across leadership, production, innovation, community service, and emerging talent categories.   The annual Lee Summit, held in Nashville, brought together more than 700 professionals from across the Lee & Associates platform, including brokers, principals, associates, clients, partners, and support professionals representing more than 9,000 years of combined commercial real estate experience.   With representation among…

June 5, 2026 (HOUSTON) – Lee & Associates is pleased to announce the sale of an industrial flex property located at 13000 Murphy Road in Stafford, Texas. The property, totaling approximately 63,750 square feet, was acquired by Sail Holdings. The transaction was facilitated by Austin Dabbs, Director and Mason Alsbrooks, Executive Principal, SIOR, CCIM, of Lee & Associates. Austin represented Rycore Capital and Mason represented Sail Holdings. Situated on approximately 3.41 acres, the multi-tenant flex…

  HOUSTON, TEXAS – May 5, 2026 –Lee & Associates is pleased to announce it has been awarded the exclusive leasing assignment for Sugar Creek on the Lake, a Class A office property located at 14141 SW Freeway in Sugar Land, Texas. The assignment will be led by Wade Bowlin, Executive Vice President, and Blaine Sinclair, Director, who will oversee leasing efforts and strategic positioning for the approximately 516,526-square-foot, 10-story office building. Situated on approximately 23.71…

Houston’s office market is beginning to show measurable signs of improvement, but the recovery remains highly selective. After reversing its 2024 losses, the market recorded 2.44 million square feet of 12-month net absorption while vacancy eased from its recent peak, positioning Houston among the major U.S. markets demonstrating renewed momentum. That momentum, however, is not being shared equally across the market. Tenants continue to prioritize higher-quality buildings, efficient layouts, stronger amenities, and locations that support…

HOUSTON, TEXAS – May 5, 2026 – Mary Doetterl, Research Director, Lee & Associates – Houston The pace of Houston’s commercial real estate market continues to accelerate, and across every asset class, the industry is feeling it. Driven by technology and shifting consumer behavior, expectations have fundamentally changed. In a world where people can access information, services, and solutions instantly, clients now expect that same level of speed, transparency, and precision in their real estate…