Houston's retail market saw positive net absorption of 560,000 square feet in Q2 2013, bringing the year-to-date total to 960,000 square feet absorbed. The citywide vacancy rate decreased from 7.0% to 6.8% between quarters. Notable tenants that opened new locations or expanded in Q2 include HEB, LA Fitness, Michael's, and Monkey Joe's. The average quoted rental rate increased slightly to $14.75 per square foot between quarters. With continued job and economic growth, Houston's retail market is expected to remain healthy.