Monthly Archives: September 2016

Houston Submarkets Lead Nation in Sublease Supply

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Sept. 27, 2016

Houston’s Katy Freeway West, CBD and Westchase office submarkets each have more sublease space than any other U.S. submarket, according to a recent report by JLL Research that examined subleases of greater than 50,000 square feet in Boston, Chicago, Los Angeles, New York, San Francisco, Seattle, Washington, DC and Houston. The findings paint a picture of the vast scope of Houston’s office sublease supply.

Three Things to Know about Houston’s Sublease Market

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Sept. 22, 2016

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

Sublease space continues to inundate the Houston office market. Leasing demand has been unable to keep pace with supply, pushing Houston’s office availability to 26.6 percent at mid-year. This means, market-wide, one in every four floors of office space is available. Tenant-favorable conditions are expected to persist through 2017 and will continue to manifest as decreasing rents, increased flexibility in lease terms and expanded… Read More