Houston Continues to Boom with Development

The Cedar Port Industrial Park is the largest master planned rail and barge-served industrial park in the country.

HOUSTON—The Houston region is one of the most important industrial bases in the world and was recently ranked number one among the top US manufacturing cities. With the Port of Houston expanding, booming petrochemical developments, the Panama Canal doubling its capacity and the Eastern seaboard almost complete, deals are closing in the industrial segment, according to RealShare Houston experts. Later this month, RealShare Houston will delve into some of these issues, with expert panelists providing an in-depth look into the sector’s latest trends, critical issues and what to expect in the near future.

In preparation for the upcoming RealShare on March 29, moderator on the industrial real estate trends, projects and projections panel, C. Mark Murrah, partner, Murrah & Killough PLLC, tells GlobeSt.com: “Traditionally, oil busts have devastated the Houston economy. The current dip of low oil and natural gas prices has been driving industrial construction such as petrochemical plants, LNG export facilities, and expansions at ports (such as the Port of Houston). This building boom is different than in years past and is helping to mitigate the oil-price downturn.”