The NAI Partners Sublease Index was featured in the Houston Business Journal’s “These are Houston’s largest subleases so far in 2018”:
“After several years of rapid growth, Houston’s sublease glut experienced its first significant reduction of 2018.
Thanks in large part to a 453,000-square-foot chunk of sublease space converting back to direct lease space in Greenspoint, as well as several sizeable subleases, the amount of available sublease space now only accounts for 14 percent of the city’s total volume of available office space, according to data from NAI Partners.
Throughout 2017, sublease space accounted for just around 18 percent of the total volume of available office space, per the data. The last time that figure was at 14 percent was late 2014, when the city’s office market began to slip amid the oil slump.”
For more on the NAI Partners Sublease Index, click here.
About NAI Partners
Houston | Austin | San Antonio
NAI Partners is the 5th-largest Houston-Area Commercial Real Estate Brokerage, the #1 Mover of Square Feet among leasing and sales brokerages, the largest independently owned and among the largest owner-operated commercial real estate firms in Houston, Texas, per The Houston Business Journal. NAI Partners was founded and is headquartered in Houston and has offices in San Antonio and Austin; offers the geographic expertise to complete real estate transactions throughout the state of Texas; and can leverage the power of the NAI Global network to arrange deals in any location throughout the world. NAI Partners employs more than 100 real estate professionals, and arranges more transactions than any of its competitors, completing over 500 commercial lease and sale arrangements every year. NAI Partners is a full-service firm offering client leasing and sales solutions in the areas of office tenant representation, office landlord representation, industrial tenant representation, industrial landlord representation, landlord services, retail services, property management, investment sales, an investment fund, and project management, among other services. The company has been named a Best Place to Work by both the Houston Chronicle and Houston Business Journal, and is among the University of Houston’s Cougar 100 Fastest-Growing Companies.
Commercial real estate in Houston. NAI Partners offers full-service commercial real estate solutions to Houston, Austin and San Antonio, and has been serving the Houston commercial real estate needs of its clients for more than 20 years. We specialize in finding office space, industrial space and retail space, and can arrange an office lease, industrial lease or retail lease for your company. We help office tenants and landlords or property owners of any size find the perfect real estate space or location for their business needs.