Monthly Archives: June 2016

Houston’s Skyline is Characterized by Contradictions

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June 29, 2016

By: Eli Gilbert, Vice President of Research, JLL Houston

Houston's Skyline

Houston’s Skyline is characterized by contradictions as tenants and landlords alike remain cautious in the face of continuing market volatility and unease over oil prices. A 37 percent drop in leasing activity in 2015 set the stage for modest negative absorption to start 2016, yet asking rents remain near all-time highs. Sublease… Read More

Are you prepared? Creating and Managing a Disaster Response Plan

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June 27, 2016

By: Jacques Legrand, Senior Chief Engineer, JLL

Disaster response plan

Man-made or natural disasters can strike any property in any location at any time, putting even the most seasoned property managers to the test. The key to surviving a crisis situation is to plan, plan and plan some more. Having a disaster response plan in place will save time, money and lives when crisis situations… Read More

Categories: Property Management.

Skyline Micromarkets Outperform U.S. Office Market

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June 24, 2016

Skyline micromarkets

Skyline Micromarkets Across the Country Outperform U.S. Office Market

Demand for creative space may have shifted the market’s landscape, but quality and location remain key drivers in real estate decision making. As a result, Skyline micromarkets across the country remain coveted locations that outperform the office market in general.

Skyline buildings, defined as the top-tier (Trophy, A+ and A) office buildings withinRead More

Houston’s Retail Sector Remains Resilient

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June 10, 2016

Houston's retail sectorTim Hopper, chief economist for TIAA, recently led an economic discussion hosted by JLL’s Retail Capital Markets experts in Houston, Texas. Approximately thirty retail owners from across the city gathered to hear from Hopper on economic topics that ranged from the impending ‘Brexit’ referendum in the U.K. to the reverse of capital from emerging to developed markets. The evening also… Read More

Reverse Logistics: The Hidden Cost of E-Commerce

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June 9, 2016

reverse logisticsWith increasing online and mobile commerce, returns, and the amount of capital spent on reverse logistics strategies, are an unmistakable and a potentially growing friction point in the supply chain.

A fall 2015 report from the National Retail Federation cites that 49 percent of retailers offer free return shipping. Earlier this year, a Sedlak Management Consultant blog cited a Gartner Inc. survey… Read More

Vigavi Breaks Ground on New Design Build Project in La Porte, Texas

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June 2, 2016

Vigavi breaks ground

Left to right: Richard Quarles (JLL), Harry Cantrell (Financial Advisor for HydroTex), Preston Yaggi (Lee & Associates), Bill Cronauer (HydroTex), Jim Shaffer (HydroTex), Vidal Ramirez (Allegiance Bank), Troy Lovett (Vigavi) and Terry Kennedy (Munson Kennedy Partnership).

Yesterday, Vigavi Realty broke ground on a new design build project at Fairmont Industrial Center, located at… Read More

Houston Office Market: Sublease and Activity Overview

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June 1, 2016

By: Eli Gilbert, Vice President of Research, JLL Houston

Office sublease

2016 continues a record pace in terms of sublease space in the Houston office market. Here’s what you need to know about the Houston office sublease market right now:

1. There is now 10 million square feet of sublease space available.

The largest blocks of sublease space are located in Houston’s CBD, Energy Corridor, Galleria… Read More

Categories: Office.