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Houston is still one of the nation’s hottest retail hubs, according to a recent report by JLL. When retailers look to expand in Texas, they are looking to Houston first. This comes as the result of strong population growth, a favorable business environment and years of growth in the local retail market. Signaling additional confidence in Houston retail, asking rents and construction activity ticked up in the second quarter of 2018. There’s currently 4.5 million square feet of space under construction, representing the market’s 12th consecutive quarter with more than 4 million square feet of retail construction. Meanwhile, total vacancy sits at 5.4% (even after the closing of 18 Toys ‘R’ Us stores).—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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