Houston lands top 5 spot for retail investments amid high occupancy rates

by MR Magazine Staff

The Houston region attracted a record amount of capital in 2018 as shopping centers remained largely full with the exception of some troubled retailers. The Houston area closed out 2018 with the addition of 2.7 million square feet of new retail space, roughly matching the previous year, commercial real estate firm Weitzman said. The region’s occupancy rate slipped one percentage point to 94.0 percent in 2018. That compares with 95.8 percent in Austin, 92.4 percent in Dallas-Fort Worth and 94.0 percent in San Antonio. Read more at Houston Chronicle.