The amount of sublease space as a percentage of the total amount of available space increased to 17.8% halfway through the third quarter of 2017, compared to 17.6% at this time last month. With an… Continue Reading
Record-high first half sales volume. Sales of all major industrial properties advanced 293% on a yearly basis during the first half of this year, with a total of $316.3 million signaling fervent investor interest (per Real… Continue Reading
Resilience is the name of the game.The San Antonio office market remained steady in the middle of the third quarter, with vacancy staying relatively flat at 12.2%, net absorption back in black at 83,183 sq.… Continue Reading
Tilt-wall facilities 24 to 30-plus feet clear height reign. Much needed supply has been, and is being, delivered to market. However, almost 50% of this new supply is large Class A tilt-wall facilities. Overall, new supply… Continue Reading
Optimism and speculation remain high. The Austin office market picked up speed in the middle of the third quarter, with vacancy dropping slightly to 9.8%, net absorption staying relatively flat, no space delivered to the market,… Continue Reading
Supply and demand begin to calibrate. Since 2013 net absorption has been feverishly outpacing deliveries. During the last two years, the pace has slowed, demonstrating a rebalancing in the market. Year-to-date, Houston’s retail market saw 1.2… Continue Reading
Advantageous position for growth potential. New supply delivered during 2017 stands at 5.5 million sq. ft., with overall net absorption at 2.1 million sq. ft., pushing vacancy up to 5.8% year-to-date. Although it has been tight,… Continue Reading
Houston’s office market may be down, but not out. Houston’s overall vacancy rate rose to 20.6% as of the end of July, an increase of 10 basis points from Q2 2017. Available sublease space decreased… Continue Reading