Houston Office | Sublease Digest | June 2017
Overall sublease space grew by only 0.5% since the end of Q1 2017, while Class B rose 9.4%. Class A sublease space in buildings built in 2014 or newer dropped 14.8% since the end of… Continue Reading
Overall sublease space grew by only 0.5% since the end of Q1 2017, while Class B rose 9.4%. Class A sublease space in buildings built in 2014 or newer dropped 14.8% since the end of… Continue Reading
Net absorption for the overall market is at 92,147 sq. ft. year-to-date. Direct space represented 192,983 sq. ft. and sublease space accounted for negative 100,836 sq. ft. After 2016 saw vacancy rates dip down to… Continue Reading
The total average gross rental rate for the San Antonio metro continues to rise, standing at $21.38 per sq. ft. year-to-date—the highest rate ever tracked for this market. Net absorption for the overall office market… Continue Reading
Net absorption for the overall market is at negative 149,191 sq. ft. year-to-date. Direct space represented negative 125,665 sq. ft. and sublease space accounted for negative 23,526 sq. ft. The total Austin industrial market size… Continue Reading
Net absorption for the overall office market is at positive 700,937 sq. ft. year-to-date. Direct space absorped 872,290 sq. ft., more than enough to balance the negative 171,353 sq. ft. from sublease space. Despite a… Continue Reading
Ten-X Research released its latest U.S. Retail Market Outlook, identifying Houston as among the top five ‘Buy’ markets for retail real estate assets. Powered by thriving population growth that more than tripled the U.S. rate,… Continue Reading
There is 4.3 million sq. ft. in the Houston industrial construction pipeline, with about 29% available for lease. A 500,000-sq.-ft. build-to-suit distribution facility is being developed in Baytown, to be occupied by Vinmar International, a… Continue Reading
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… Continue Reading
The Southeast submarket contains close to 90 million sq. ft. of inventory. Among major property types, Warehouse/Distribution represents 71 million sq. ft., Manufacturing totals 16 million sq. ft., and Flex space make up 2 million… Continue Reading