Hottest submarket for new development. 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… Continue Reading
Fundamentals have taken a turn for the better in 2018. The submarket posted positive net absorption for the year, and vacancies steadily decreased each quarter in 2018. With positive absorption of 204,910 sq.… Continue Reading
The Woodlands is a major office submarket The Woodlands, located more than 30 miles north of Downtown Houston, is home to ExxonMobil, Chevron Phillips Chemical, Repsol, Huntsman Corporation, Nexeo Solutions, Newfield Exploration, and others… Continue Reading
Office vacancy in the Medical Center continues to tighten As of the end of 2018, the vacancy rate in the Medical Center for office space was up 20 basis points quarter-over-quarter to 5.2% and… Continue Reading
Greenway Plaza—centrally located and highly visible Located just west of the CBD, and just east of the Galleria/West Loop submarket, Greenway Plaza is a highly visible office submarket. West University Place to River Oaks… Continue Reading
NASA/Clear Lake home to the Space Center Located southeast of the CBD, NASA/Clear Lake is home to the Lyndon B. Johnson Space Center and has a hefty share of government, education, and health service… Continue Reading
The Woodlands continues to outperform the Houston office market as a whole The Woodlands continued its recent run of healthy office market performance, as the submarket recorded increased positive net absorption and experienced shrinking… Continue Reading
While by no means the “worst of times,” Westchase is still seeing historically high vacancy During the third quarter of 2018, Houston’s Westchase office submarket market still had more tenants moving out of space… Continue Reading
The Southeast submarket contains 97 million sq. ft. of inventory. Among major property types, Warehouse/Distribution represents 78 million sq. ft., Manufacturing totals 17 million sq. ft., and Flex space make up 2.5 million sq.… Continue Reading
Industrial vacancy in the South submarket remains tight As of the end of the first quarter of 2018, the vacancy rate in the South submarket stood at 3.5% for industrial space, up 20 basis… Continue Reading