{"id":12545,"date":"2026-09-22T20:14:47","date_gmt":"2026-09-22T20:14:47","guid":{"rendered":"https:\/\/www.lee-associates.com\/houston\/?p=12545"},"modified":"2026-09-22T20:14:49","modified_gmt":"2026-09-22T20:14:49","slug":"annual-interface-houston-industrial-summit-q3","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/houston\/2026\/09\/22\/annual-interface-houston-industrial-summit-q3\/","title":{"rendered":"Annual Interface Houston Industrial Summit Q3"},"content":{"rendered":"<div id=\"pl-12545\"  class=\"panel-layout\" ><div id=\"pg-12545-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h1><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">CONFERENCE OVERVIEW<\/span><\/h1>\n<p>&nbsp;<\/p>\n<h3><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Four panels, twenty-seven speakers, and one question: How long will this demand last?<\/span><\/em><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-1-0-0\" class=\"so-panel widget widget_block panel-first-child panel-last-child\" data-index=\"1\" ><\/div><\/div><div id=\"pgc-12545-1-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-1-1-0\" class=\"so-panel widget widget_media_image panel-first-child panel-last-child\" data-index=\"2\" ><img loading=\"lazy\" decoding=\"async\" width=\"744\" height=\"216\" src=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report.png\" class=\"image wp-image-12544  attachment-full size-full\" alt=\"\" style=\"max-width: 100%; height: auto;\" srcset=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report.png 744w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-512x149.png 512w\" sizes=\"auto, (max-width: 744px) 100vw, 744px\" \/><\/div><\/div><\/div><div id=\"pg-12545-2\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-2-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">The Lee &amp; Associates Research team attended the InterFace Houston Industrial Summit to evaluate the forces shaping the Houston industrial demand, development and investment.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Four panels covered the market end to end, from tenant and landlord representation through architecture and construction, development and ownership, and investment sales. Across the panels, several themes consistently surfaced.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">FIVE MARKET SIGNALS<\/span><\/h3>\n<ul>\n<li><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">AI and data center demand dominate the conversation, while advanced manufacturing emerged as the more durable industrial trend.<\/span><\/li>\n<li><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Land, power and materials are increasingly constraining how quickly new product can reach the market.<\/span><\/li>\n<li><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Higher construction costs are flowing through to rents and renewal economics.<\/span><\/li>\n<li><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Owner-user demand is strengthening, particularly among manufacturing users making major capital investments.<\/span><\/li>\n<li><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Capital remains available for quality assets, but underwriting and site selection are becoming more selective.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-3\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-3-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-3-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<h1><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">TENANT\/LANDLORD REPRESENTATION<\/span><\/h1>\n<h4>PANEL ONE<\/h4>\n<p>&nbsp;<\/p>\n<h3><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Renewal economics are becoming one of the market\u2019s toughest conversations as legacy rents collide with today\u2019s higher replacement costs.<\/span><\/em><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-4\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-4-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-4-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"5\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">The panel discussion centered on a rising industrial cost stack. Land prices have increased sharply over the past two years, hard costs continue to climb, and steel pricing has recently moved higher, while interest rates and cap rates were described as relatively stable. The pressure is increasingly concentrated on the cost side and flowing directly into asking rates.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Renewals are particularly difficult for tenants moving off COVID-era rents. Reported increases of 30% to 50% can be difficult for lower-margin logistics users to absorb, while advanced manufacturing tenants may have greater capacity to manage higher occupancy costs.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Manufacturing supply is also constrained. Buildings with heavy cranes, usable yards and adequate power are scarce, making off-market sourcing increasingly important. Concession discussions are becoming more focused on tenant improvement allowances as owners balance higher capital costs and tenant requirements.<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-4-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-4-1-0\" class=\"so-panel widget widget_media_image panel-first-child panel-last-child\" data-index=\"6\" ><img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"339\" src=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/Screenshot-2026-09-22-090853-512x339.png\" class=\"image wp-image-12552  attachment-medium size-medium\" alt=\"\" style=\"max-width: 100%; height: auto;\" srcset=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/Screenshot-2026-09-22-090853-512x339.png 512w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/Screenshot-2026-09-22-090853-768x508.png 768w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/Screenshot-2026-09-22-090853.png 793w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/div><\/div><\/div><div id=\"pg-12545-5\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-5-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-5-0-0\" class=\"so-panel widget widget_block panel-first-child panel-last-child\" data-index=\"7\" ><\/div><\/div><div id=\"pgc-12545-5-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-5-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"8\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2 style=\"text-align: center\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">40-50%<\/span><\/h2>\n<p style=\"text-align: center\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Land price increase over 2 years<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-5-2\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><div id=\"pgc-12545-5-3\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-5-3-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"9\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2 style=\"text-align: center\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">12-14 mo<\/span><\/h2>\n<p style=\"text-align: center\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Transformer lead times<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-5-4\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-5-4-0\" class=\"so-panel widget widget_block panel-first-child panel-last-child\" data-index=\"10\" ><\/div><\/div><\/div><div id=\"pg-12545-6\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-6-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-6-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"11\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<h1><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ARCHITECTURE AND DESIGNERS<\/span><\/h1>\n<h4>PANEL TWO<\/h4>\n<p>&nbsp;<\/p>\n<h3><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Construction timing is becoming an increasingly important risk factor as material pricing, subcontractor availability and site constraints compress development schedules.<\/span><\/em><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-7\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-7-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-7-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"12\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">COST + SCHEDULE PRESSURE<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Joist and deck lead times have moved, while steel pricing was reported to increase about 15% over a two-week period after an extended period of stability.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Subcontractor availability is increasingly a schedule risk. One trade partner falling behind can delay the entire project, making reliable execution more important than the lowest bid.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Developers are being encouraged to re-bid work quickly as material pricing changes.<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-7-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-7-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"13\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SITE FEASIBILITY + RISK<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Detention can add roughly $750,000 per acre, while drainage and access constraints can materially alter project feasibility.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Pipeline easements, MUD annexation, utility capacity and permitting requirements can add months to a development schedule.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Pending post-Harvey FEMA flood maps were identified as an important future cost and design risk for affected projects.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">AI adoption is becoming practical and targeted, particularly for proposals, permitting documents, and schedule analysis.<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-8\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-8-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-8-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"14\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<h1><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DEVELOPERS<\/span><\/h1>\n<h4>PANEL THREE<\/h4>\n<p>&nbsp;<\/p>\n<h3><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">The developer panel described a Houston industrial market with strong demand, but a growing scarcity of development-ready land.<\/span><\/em><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-9\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-9-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-9-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"15\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">LAND SCARCITY IS CHANGING THE DEVELOPMENT MODEL<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Clean, rectangular sites near Houston are increasingly difficult to find, pushing development farther from established corridors while land pricing remains firm.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Available sites often require extensive underwriting around pipelines, drainage, easements, floodplain and access before a project can move forward.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Infill and brownfield redevelopment only becomes competitive when existing structures are genuinely obsolete, otherwise, new speculative development struggles to compete on costs.<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-9-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-9-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"16\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">OWNER-USER DEMAND IS A STANDOUT<\/span><\/h3>\n<p>&nbsp;<\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">A Southwest Houston project reportedly leased or sold 1.2 million square feet of a 1.35 million-square-foot first phase within six months of delivery, with most activity attributed to owner-occupiers.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Manufacturing users making major investments in clean rooms and specialized equipment have a stronger incentive to control occupancy and avoid lease-expiration risk.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Big-box demand has also returned, with 400,000 to 800,000 square-foot transactions accounting for 29% of first half of 2026 deal volume.<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-10\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-10-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-10-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"17\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">KEY TAKEAWAY: Strong demand is meeting a much tighter development pipeline, making land quality and owner-user demand increasingly important to the next cycle of growth.<\/span><\/em><\/h4>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-11\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-11-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-11-0-0\" class=\"so-panel widget widget_block panel-first-child panel-last-child\" data-index=\"18\" ><\/div><\/div><div id=\"pgc-12545-11-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-11-1-0\" class=\"so-panel widget widget_media_image panel-first-child panel-last-child\" data-index=\"19\" ><img loading=\"lazy\" decoding=\"async\" width=\"861\" height=\"144\" src=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-1-1.png\" class=\"image wp-image-12554  attachment-full size-full\" alt=\"\" style=\"max-width: 100%; height: auto;\" srcset=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-1-1.png 861w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-1-1-512x86.png 512w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-1-1-768x128.png 768w\" sizes=\"auto, (max-width: 861px) 100vw, 861px\" \/><\/div><\/div><\/div><div id=\"pg-12545-12\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-12-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-12-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"20\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<h1><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">INVESTMENT SALES<\/span><\/h1>\n<h4>PANEL FOUR<\/h4>\n<p>&nbsp;<\/p>\n<h3><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Capital remains selective, but investor demand for high-quality Houston industrial product remains strong.<\/span><\/em><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-13\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-13-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-13-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"21\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">The investment sales discussion emphasized a widening distinction between stabilized, well-leased assets and value-add opportunities that require more capital and longer hold periods.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Strong leasing and limited new supply continue to support investor interest in quality industrial properties, while higher construction and land costs are reshaping replacement economics.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Pricing is increasingly being set on an asset-by-asset basis as buyers scrutinize tenancy, credit, location, building functionality and future capital needs.<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\">\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-start\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">The panel discussion pointed to continued liquidity for high-quality assets, with more selective underwriting for transitional or heavily capital-intensive opportunities.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><em><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">RESEARCH PERSPECTIVE: Demand is not the constraint; quality and scarcity of product are the differentiators.<\/span><\/em><\/h4>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-13-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-13-1-0\" class=\"so-panel widget widget_media_image panel-first-child panel-last-child\" data-index=\"22\" ><img loading=\"lazy\" decoding=\"async\" width=\"453\" height=\"331\" src=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-2.png\" class=\"image wp-image-12555  attachment-full size-full\" alt=\"\" style=\"max-width: 100%; height: auto;\" \/><\/div><\/div><\/div><div id=\"pg-12545-14\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-14-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-14-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"23\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2>85%<\/h2>\n<p>of delivered space leased<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-14-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-14-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"24\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2>15%<\/h2>\n<p>of the pipeline if preleased<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-14-2\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-14-2-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"25\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2>5.8<\/h2>\n<p>cap on a Class A credit trade<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-14-3\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-14-3-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"26\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2>$200\/SF<\/h2>\n<p>trades will become routine<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-15\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-15-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-15-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"27\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<h1><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">INDUSTRIAL ADVISORS<\/span><\/h1>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-16\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-16-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-16-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"28\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h1><\/h1>\n<h3 style=\"text-align: left\"><em><strong>INDUSTRIAL ADVISORS<\/strong><\/em><\/h3>\n<p>&nbsp;<\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/mikespears\/\" target=\"_blank\" rel=\"noopener\">MIKE SPEARS<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR,CCIM<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">MANAGING PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/masonalsbrooks\/\" target=\"_blank\" rel=\"noopener\">MASON ALSBROOKS<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR, CCIM<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">EXECUTIVE PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/thomasleger\/\" target=\"_blank\" rel=\"noopener\">THOMAS LEGER<\/a><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/masonalsbrooks\/\" target=\"_blank\" rel=\"noopener\">,<\/a><\/strong>SIOR<\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">EXECUTIVE PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/richardglass\/\" target=\"_blank\" rel=\"noopener\">RICHARD GLASS<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/patrickwolford\/\" target=\"_blank\" rel=\"noopener\">PATRICK WOLFORD<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR, CCIM<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/stephenkuper\/\" target=\"_blank\" rel=\"noopener\">STEPHEN KUPER<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\">VICE PRESIDENT<\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/matthewclay\/\" target=\"_blank\" rel=\"noopener\">MATTHEW CLAY<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/andres-creixell\/\" target=\"_blank\" rel=\"noopener\">ANDRES CREIXELL<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/jason-english\/\" target=\"_blank\" rel=\"noopener\">JASON ENGLISH<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/jeffkuper\/\" target=\"_blank\" rel=\"noopener\">JEFF KUPER<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/stuartpeterson\/\" target=\"_blank\" rel=\"noopener\">STUART PETERSON<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/conrad-chambers\/\" target=\"_blank\" rel=\"noopener\">CONRAD CHAMBERS<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/tanner-kincannon\/\" target=\"_blank\" rel=\"noopener\">TANNER KINCANNON<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\">ASSOCIATE<\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/marko-milosavljevic\/\" target=\"_blank\" rel=\"noopener\">MARKO MILOSAVLJEVIC<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\">ASSOCIATE<\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/chase-taylor\/\" target=\"_blank\" rel=\"noopener\">CHASE TAYLOR<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\">ASSOCIATE<\/p>\n<p style=\"text-align: left\">\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-16-1\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-16-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"29\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h1><\/h1>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: left\"><\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/prestonyaggi\/\" target=\"_blank\" rel=\"noopener\">PRESTON YAGGI<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR,CCIM<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">EXECUTIVE PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/chasecribbs\/\" target=\"_blank\" rel=\"noopener\">CHASE CRIBBS<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/justintunnell\/\" target=\"_blank\" rel=\"noopener\">JUSTIN TUNNELL<\/a><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, <\/span><\/strong><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SIOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">PRINCIPAL<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/brandi-dees\/\" target=\"_blank\" rel=\"noopener\">BRANDI DEES<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SENIOR VICE PRESIDENT<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/clint-hankla\/\" target=\"_blank\" rel=\"noopener\">CLINT HANKLA<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">SENIOR DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/troy-collins-2\/\" target=\"_blank\" rel=\"noopener\">TROY COLLINS<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/austin-dabbs\/\" target=\"_blank\" rel=\"noopener\">AUSTIN DABBS<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/johngazzola\/\" target=\"_blank\" rel=\"noopener\">JOHN GAZZOLA<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/thomas-monaghan\/\" target=\"_blank\" rel=\"noopener\"><strong>THOMAS MONAGHAN<\/strong><\/a><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DIRECTOR<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/mckaily-carpenter\/\" target=\"_blank\" rel=\"noopener\">MCKAILY CARPENTER<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ASSOCIATE<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/matt-jorgensen\/\" target=\"_blank\" rel=\"noopener\">MATT JORGENSEN<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ASSOCIATE<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/andrew-mcguire\/\" target=\"_blank\" rel=\"noopener\">ANDREW MCGUIRE<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ASSOCIATE<\/span><\/p>\n<p class=\"cvGsUA block-font-kerning-none block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><strong><a class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\" href=\"https:\/\/www.lee-associates.com\/houston\/felipe-rodriguez-2\/\" target=\"_blank\" rel=\"noopener\">FELIPE RODRIGUEZ<\/a><\/strong><\/p>\n<p class=\"cvGsUA block-font-kerning-normal block-font-feature-liga-off block-font-feature-clig-off block-font-feature-calt-off direction-ltr align-justify\"><span class=\"a_GcMg font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ASSOCIATE<\/span><\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-12545-16-2\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-16-2-0\" class=\"so-panel widget widget_media_image panel-first-child\" data-index=\"30\" ><img loading=\"lazy\" decoding=\"async\" width=\"1070\" height=\"877\" src=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/07\/Office-Map-UPD-1.2026-Key-1.png\" class=\"image wp-image-12214  attachment-full size-full\" alt=\"\" style=\"max-width: 100%; height: auto;\" srcset=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/07\/Office-Map-UPD-1.2026-Key-1.png 1070w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/07\/Office-Map-UPD-1.2026-Key-1-512x420.png 512w, https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/07\/Office-Map-UPD-1.2026-Key-1-768x629.png 768w\" sizes=\"auto, (max-width: 1070px) 100vw, 1070px\" \/><\/div><div id=\"panel-12545-16-2-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"31\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h1><\/h1>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: left\"><\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>LOCAL EXPERTISE. INTERNATIONAL REACH.<\/strong><\/p>\n<p>With offices in 85+ markets across North America, Lee &amp; Associates has the ability to deliver first-class services to our clients both locally and internationally.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>THE LEE ADVANTAGE<\/strong><\/p>\n<p>Lee &amp; Associates \u2013 Houston is a fully-integrated commercial real estate company with unrivaled market knowledge and an unwavering commitment to integrity and excellence. Our business-minded brokers specialize in office, industrial, and land real estate investments. The brokerage is uniquely qualified to support our client\u2019s real estate needs in Houston, across Texas, and throughout the US.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-12545-17\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-12545-17-0\"  class=\"panel-grid-cell\" ><div id=\"panel-12545-17-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"32\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<p>&nbsp;<\/p>\n<p>Download the report here: <a href=\"https:\/\/www.lee-associates.com\/houston\/wp-content\/uploads\/sites\/80\/2026\/09\/2026-InterFace-Houston-Industrial-Report-1.pdf\">2026 InterFace Houston Industrial Report<\/a><\/p>\n<h1><\/h1>\n<\/div>\n<\/div><\/div><div id=\"panel-12545-17-0-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"33\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<hr \/>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<h1>RESEARCH TEAM<\/h1>\n<p>&nbsp;<\/p>\n<ul>\n<li><a href=\"https:\/\/www.lee-associates.com\/houston\/people\/?brokerId=mdoetterl%40lee-associates.com\">MARY DOETTERL<\/a> | RESEARCH DIRECTOR | mdoetterl@lee-associates.com<\/li>\n<li>ELIZABETH WANG | SENIOR RESEARCH ANALYST<\/li>\n<li>NATHAN KRUEGER | RESEARCH ANALYST<\/li>\n<li>KATIE MARTINEZ | JUNIOR RESEARCH ANALYST<\/li>\n<\/ul>\n<h1><\/h1>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>CONFERENCE OVERVIEW &nbsp; Four panels, twenty-seven speakers, and one question: How long will this demand last?<\/p>\n","protected":false},"author":275,"featured_media":12557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Annual Interface Houston Industrial Summit Q3 - Lee &amp; Associates | Houston<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/houston\/2026\/09\/22\/annual-interface-houston-industrial-summit-q3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Annual Interface Houston Industrial Summit Q3\" \/>\n<meta property=\"og:description\" content=\"CONFERENCE OVERVIEW &nbsp; 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