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CBRE released its first quarter 2018 Texas industrial MarketView. Statewide, the 90-day net absorption increased by almost 2 million square feet. This was due largely to Houston’s absorption growth of 2.5 million square feet. Occupied growth in inventory combined with robust leasing activity pushed down Texas industrial vacancy to 5.9%, down from 6.3% in fourth quarter 2017 and 6.2% a year ago. Dallas/Fort Worth leads in new construction starts but with a smaller margin compared to previous quarters.—Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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