Monthly Market Snapshot

Houston Office

Monthly Market Snapshot


JUNE 2017

Market Highlights

There is 2.7 million sq. ft. in the construction pipeline, of which roughly 45% is pre-leased, giving some relief to the oversupply.

The three-story, 82,800-sq.-ft. 300 Beltway Green Blvd.—the eighth project developed in business park Park 225—is nearing completion. A Fortune 500 energy client signed a long-term agreement following the project’s groundbreaking in August 2016.

Sixteen of the eighteen construction projects making up about 1.6 million sq. ft. are set to deliver in 2017. CityPlace 2 in the Woodlands is scheduled to complete 326,800 sq. ft. in October 2018, and Capital Tower in the CBD is slated to finish 778,344 sq. ft. in June 2019.

Sublease inventory remains at 11.1 million sq. ft. of available space, of which about 975,000 sq. ft. has a lease expiration date in 2017.

Leasing activity is at 4.6 million sq. ft. year-to-date, with 3.8 million sq. ft. of direct space moved into and 752,000 sq. ft. of sublease space taken off the market.

The acquisition of BLVD Place mixed-use development in Uptown Houston is a wrap. The sale of the 216,944-sq.-ft. office and retail center—including the 1.4-acres next door—was finalized at the end of May. Plans are to develop a six-story, 137,000-sq.-ft. mixed-use building on the land site.

Research Snapshot Houston Office

Research Snapshot Houston Office

 

Research Snapshot Houston Office

 

Leta Wauson
Director of Research
leta.wauson@naipartners.com
tel 713 275 9618

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Quarterly Reports

HOUSTON

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

Q2 2017 Retail Market Report

SAN ANTONIO

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

AUSTIN

Q2 2017 Office Market Report

Q2 2017 Industrial Market Report

 

Industrial Submarket Spotlight

Houston Northwest Submarket July 2017

Houston Southeast Submarket June 2017

 

Office Submarket Spotlight

San Antonio Northwest Submarket August 2017

 

Sublease Digest

Houston Office July 2017

Houston Office June 2017

Houston Office May 2017

Houston Office April 2017

Houston Office March 2017

Houston Industrial March 2017

 

Monthly Snapshots

HOUSTON

Houston Office August 2017

Houston Industrial August 2017

Houston Retail June 2017

AUSTIN

Austin Office June 2017

Austin Industrial June 2017

SAN ANTONIO

San Antonio Office June 2017

San Antonio Industrial June 2017

 

Market Insight

Market Insight

 

Monthly Snapshots (Historical)

 

Houston Office June 2017

Houston Industrial June 2017

Houston Retail May 2017

Houston Retail March 2017

Houston Office March 2017

Houston Industrial March 2017

 

San Antonio Office May 2017

San Antonio Industrial May 2017

 

Austin Office May 2017

Austin Industrial May 2017

 

Data InSight

Data InSight

 

Quarterly Reports (Historical)

HOUSTON

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

Q4 2016 Office Market Report

Q1 2017 Retail Market Report

 

SAN ANTONIO

Q1 2017 Office Market Report

 

​Q1 2017 Industrial Market Report

AUSTIN

Q1 2017 Office Market Report

Q1 2017 Industrial Market Report

 

SoundBytes

May 22, 2017

May 11, 2017

April 20, 2017

March 28, 2017

 

Resources

I-35 Corridor Activity Map

The New #CREcosystem Refresh - featuring contributions from Larry Koestler, VP of Marketing