The North submarket contains 102 million sq. ft. of inventory, with Warehouse/Distribution representing 78 million sq. ft. of that total, Manufacturing 12 million sq. ft., and Flex space 10 million sq. ft. Of the… Continue Reading
The Northeast submarket contains 37 million sq. ft. of inventory, with Warehouse/Distribution representing 29 million sq. ft. of that total, Manufacturing 7 million sq. ft., and Flex space 580,000 sq. ft. Of the more… Continue Reading
The Northwest submarket has posted positive net absorption in all but three quarters during the past five years, and the first quarter of 2019 was one of the three, due in part to new… Continue Reading
The Southeast submarket has posted positive net absorption in all but one quarter during the past five years, and vacancies have remained steady, averaging 4.7% during the same time period. The submarket has undergone… Continue Reading
As of the end of the first quarter of 2019, the vacancy rate for Class A and Class B office/medical properties was up 90 basis points quarter-over-quarter to 16.8%, and an increase of 220 basis… Continue Reading
The Sugar Land area continues to benefit from its diverse tenant base with several large energy/engineering firms that call the area home—such as Fluor Enterprises, Schlumberger, Fairfield Technologies, and Nalco Champion—non-energy tenants such as Coca-Cola,… 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
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
The Southeast submarket has posted positive net absorption in all but one quarter during the past five years, and vacancies have remained steady, averaging 4.6% during the same time period. The submarket has undergone… Continue Reading
With positive absorption of 204,910 sq. ft. during the fourth quarter of 2018, the Galleria/West Loop submarket experienced a 200% increase year-over-year, compared to Q4 2017’s negative 206,120 sq. ft. In addition, in… Continue Reading