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houston retailRetail Property Market Surging in HoustonThe 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 generally better designed, offer better parking and are generally more appealing to both potential tenants and shoppers. Rental rates in the houston retail property market average around $1. 50 per square foot.
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