Silver Linings: JLL’s stories of heroism, compassion and strength in the aftermath of Hurricane Harvey

0 CommentsBy

Hurricane Harvey has left an indelible mark on our city and each one of us individually. But as the old saying goes: Every rain cloud has a silver lining. For us, that silver lining has been the overwhelming outpouring of support, incredible stories of resilience, and a sense of community that has caught the attention of our nation. Below are our own tales of heroism, compassion and strength – our silver… Read More

Categories: Houston, JLL.

Houston’s CBD overtakes Energy Corridor for most sublease space in the US

0 CommentsBy

August 23, 2017

Houston's CBD

Houston’s CBD has surpassed the Energy Corridor for most sublease space in the market, and subsequently, the U.S.

Following Enbridge’s 294,000-square-foot addition to the sublease market, total sublease inventory in the CBD sits at more than 2.5 million square feet or 23 percent of the indirect market.

The addition also… Read More

Port Houston gaining share of total US TEU volume

0 CommentsBy

August 17, 2017

By: John Talhelm, senior vice president, JLL Houston

Port HoustonPort-centric submarkets across U.S. cities have seen robust growth and increasing industrial real estate occupancy levels. None more than Houston.

Examining availability of industrial real estate across 14 major North American port markets, Houston showed the largest decline in year-over-year industrial… Read More

Houston Skyline reveals flight-to-quality despite anemic office market

0 CommentsBy

August 3, 2017

When it comes to premium office space it seems there’s always a market for it, even in an economic downturn. Despite consolidations, space give-backs and record sublease levels, Houston’s Skyline office buildings are still outperforming the market, commanding top dollar and capturing the lion’s share of leasing activity.

Houston skyline

By the numbers:

  • At 19.5 percent, Houston’s Skyline vacancy remains below the market-wide office vacancy
  • Read More

Retail rebalances as growth cycle matures

0 CommentsBy

July 25, 2017

By: Mark Raines, senior vice president, JLL Houston

fast casual

With a maturing demand cycle and almost 4.1 million square feet of space under construction, Houston’s retail landscape is stabilizing from the record-setting pace of the last several quarters.

Pent-up demand from years of strong population growth and muted retail construction have driven rapid… Read More

They call him “Papa Gator”

1 CommentBy

July 19, 2017

“He’s been here since dirt.”

That’s often how Senior Chief Engineer Jacques Legrand’s colleagues describe his tenure at 1515/1555 Poydras, a two-building, Class A office complex in New Orleans.

Affectionately known by friends and family as “Papa Gator,” Jacques celebrated his 35-year anniversary as an engineer at 1515/1555 Poydras, on May… Read More

Categories: JLL, Property Management.

Record amount of “big-box” space to deliver in Houston

0 CommentsBy

July 6, 2017

By: Jeff Venghaus, executive vice president and industrial lead, JLL Houston

big-box

Houston is rising as a big-box market thanks to strong population growth and the expansion of e-commerce and consumer goods. This year, the market is set to deliver a record seven warehouse and distribution facilities of greater than 400,000 square… Read More

Weak tenant demand continues drag on Houston office market

0 CommentsBy

July 5, 2017

By: Ronnie Deyo, executive vice president and office team lead, JLL Houston

tenant demandWeak tenant demand driven by ongoing uncertainty in the oil and gas industry continues to be a drag on Houston’s office market.

State of the office market

Houston continues to see more of the languid leasing activity that has come… Read More