Monthly Archives: October 2016

Affordability, Diversity Drive Houston Tech Opportunity

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Oct. 24, 2016

houston tech

Nothing demonstrates an industry’s momentum like its physical expansion across real estate markets.

In recent years, technology companies have driven the most leasing activity nationwide, averaging 22.3 percent of large-block leasing. Banking and finance companies follow distantly with 10.3 percent of leasing activity since the third quarter of 2014.

Over the course of this… Read More

Categories: Houston, JLL, Research, Technology.

Retail Evolves in Highly Competitive Environment

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Oct. 20, 2016

grocery wars

Houston retail continues to be one of the hottest markets in the nation. No category demonstrates this more clearly than the city’s grocery sector.

Grocers, and other retailers alike, continue to play catch-up with Houston’s strong population growth over the last few years. Pent-up demand remains the most significant force propelling the… Read More

Categories: Houston, Research, Retail.

Houston Commercial Real Estate Adapts to Prolonged Downturn

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Oct. 17, 2016

By: Steve Burkett, Executive Vice President, JLL Houston

Houston commercial real estateThere has been no shortage of reports, articles, ponderings and predictions about the Houston office market and its eventual recovery. At a recent commercial real estate panel, hosted by the Houston Business Journal, panelists representing tenants, landlords, developers and the capital markets, agreed: No one knows when the market will recover. Those in Houston… Read More

Categories: Houston, Office.

Net Absorption Receives Boost, Underlying Fundamentals Remain Healthy

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Oct. 4, 2016

net absorptionQ3 2016 Houston Industrial Insight & Market Statistics

While its office counterpart deals with an ongoing deluge of sublease space, Houston’s industrial market remains healthy overall. The industrial market experienced a significant jump in absorption in the third quarter, namely due to the delivery of a 3.9 million-square-foot build-to-suit manufacturing building in the… Read More

CBD Leasing Activity Rebounds in Q3 amid Ongoing Sublease Glut

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Oct. 3, 2016

leasing activityQ3 2016 Houston Office Insight & Market Statistics

How many ways can you say excess supply?

The Houston office market continues to be gripped by its significant sublease inventory. While leasing activity picked up in select submarkets during the third quarter, the overwhelming impact of 12.2 million square feet of sublease space remained… Read More