Vacancy in the Houston office market dropped 60 basis points year-over-year, reaching its current rate of 21.5%. The amount of vacant office space on the market is approximately 50.7 million sq. ft. Net absorption… Continue Reading
Overall vacancy is at 6.8%, up 60 basis points from this time last year at 6.2%. There is 870,000 sq. ft. of vacant space that was delivered to the market in 2019—only 25% of… Continue Reading
Occupancy is at 94.5% as the end of summer approaches, a rate that has remained at or above 94.0% since Q2 2014. Of the 4.7 million sq. ft. currently under construction, 62.0% of that… Continue Reading
Overall vacancy is at 9.4%, up from this time last year at 8.0%, due in part to the 383,000 sq. ft. of vacant space delivered to the market in 2019—about 24% of the total… Continue Reading
Overall occupancy is at 94.6%, down from this time last year at 95.6%, due in part to the 294,000 sq. ft. of vacant space delivered to the market in 2019—about 25% of the total… Continue Reading
Overall vacancy is at 8.6%, up from this time last year at 6.5%, due in part to the 1.5 million sq. ft. of vacant space delivered to the market in 2019—about 74% of the… Continue Reading
Overall vacancy is at 6.3%, up from this time last year at 5.7%, due in part to the 5.6 million sq. ft. of vacant space delivered to the market in 2019—about 54% of the… Continue Reading
Overall vacancy is at 10.1%, up 30 basis points from 9.8% at this time last year. Meanwhile, the gross average asking rental rate keeps climbing, rising to $22.78 per sq. ft., up $0.54 year-over-year.… Continue Reading
Overall occupancy in the Austin retail market is at 95.7%, down 20 basis points from 95.9% at this time last year. Meanwhile, the triple-net average asking rental rate keeps climbing, rising to $22.46 per sq.… Continue Reading
While vacancy in the Houston office market dropped 40 basis points year-over-year, reaching its current rate of 21.3%, it did edge up slightly from the previous month’s 20.8%. The amount of vacant office space on… Continue Reading