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The Houston office market ended the 3rd Qtr. 2021 with a vacancy rate of 18.9%, which did not change from the previous quarter.  Net absorption totaled positive 884,216 square feet in the 3rd Qtr.  Rental rates ended the quarter at $28.98, compared to $28.86 in the previous quarter.  There was 922,415 square feet delivered to the market and 4,889,795 square feet under construction at the end of the 3rd Qtr. 2021.

Source: CoStar

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