Market Highlights Record high asking rents. Houston has maintained a steady, high occupancy rate in the retail sector at or above 94.0% during the last five years, registering at 94.4% nearing the end of… Continue Reading
The Central Business District or “CBD” posted positive net absorption in both Class A and Class B space during the fourth quarter of 2018. The overall total of 226,953 sq. ft. of office space… Continue Reading
Market Highlights Retail market strong. San Antonio has maintained an occupancy rate in the retail sector at or above 94.0% for five years, registering at 94.9% nearing the end of Q1 2019. Tenancy of… Continue Reading
Market Highlights Record high asking rents. Austin has maintained a steady, high occupancy rate in the retail sector at or above 95.0% during the last five years, registering at 95.9% nearing the end of… Continue Reading
Market Highlights Industrial asking rents at all-time high. Overall vacancy is 7.5%, up 60 basis points from this time last year at 6.9%. During the past five years, 9.4 million sq. ft. of industrial… Continue Reading
Market Highlights Keeping up the pace in 2019. Overall vacancy is at 6.1%, almost unchanged from this time last year at 6.0%. The vacancy rate for Class A properties is at 12.6%. Year-to-date net… Continue Reading
Westchase, located 15 miles west of Downtown Houston, and 5 miles southeast of the Energy Corridor, is home to many energy sector tenants. Phillips 66, WesternGeco (a subsidiary of Schlumberger), National Oilwell Varco, Jacobs Engineering,… Continue Reading
Market Highlights High demand for Austin office space. Vacancy remains low at 8.6%, gross average asking rental rates are high at $35.31 per sq. ft., and tenant demand from all over the country has… Continue Reading
Market Highlights Keeping up the pace in 2019. Overall vacancy is 5.7%, and the vacancy rate for Class A properties is 7.7%. Year-to-date net absorption stands at 1.3 million sq. ft., up 23% compared… Continue Reading
Market Highlights Office market vacancy steady. Overall vacancy in the San Antonio office market ranged between 9.7% to 10.0% in 2018. Current vacancy is 10.5%, up 70 basis points from this time last year.… Continue Reading