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HOUSTON-A recent retail report from Colliers International’s Houston office indicated that the retail vacancy slipped below 7% area-wide. What was interesting about this trend, according to Colliers’ director of market research Lisa Bridges, is that religious organizations are leasing some of that retail space.

“Churches have been leasing retail space as overflow, and also for expansion purposes,” she tells GlobeSt.com, adding that this seems to be a trend for church groups interested in branching out into Houston suburbs. “They may not lease for a long time, but for long enough to put together a congregation, then branch out into the suburbs,” Bridges adds.

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