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Retail property in HoustonRetail property in HoustonJohnson Development has gained national attention as the top developer in America. Visit the best neighborhoods in Houston and Galveston County and view the top homes for sale in Texas. Articles
Retail property in Houston
2007-09-27 10:06:00 Houston - America?s 4th largest city - is better known for its association with oil, but in recent years the city has diversified to become a leading educational, financial, medical and retail center. Today, the retail property market in Houston commercial properties are generally strong all over the city ? including downtown, the suburbs and surrounding area. There are several reasons for the strong retail market in Houston commercial properties. The city has seen steady job growth as well as expansion of its port facilities and substantial investment in major highway projects. Commercial and residential construction has also been strong over the last few years. And Houston has no zoning laws, which generally makes it easier for developers to build in just the right place. The average occupancy rate of Houston retail centers hovers around 85% - shopping centers built since 1990 tend to have a slightly higher rate than those built prior to that year. Newer shopping centers are... More About: Property , Retail , Houston , Prop , Pert |
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