A Hurricane's Impact on Houston Commercial Real Estate

Houston's commercial real estate market, including some 72,000 apartment units, has been severely impacted b Hurricane Harvey.

September 20, 2017, 8:00 AM PDT

By fieldafm


Hurricane Harvey Flooding

michelmond / Shutterstock

Hurricane Harvey's impact on Houston's commercial real estate market is substantial. 27% of Houston’s gross leasable area may be flooded os of this writing, representing an estimated $55 billion in property value. CoStar Group assessed the potential impact Hurricane Harvey could have on the Houston commercial real estate market – multifamily, office, retail and industrial buildings.

Wednesday, September 13, 2017 in Modern Cities

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