By: Ronnie Deyo, executive vice president and office team lead, JLL Houston
Despite Hurricane Harvey’s widespread devastation, Houston’s office properties fared relatively well, with less than 60 office buildings reporting damage from the storm. As a result, the office market, by-and-large, stayed its course through the close of… Read More
JLL is built on teamwork. We’re about people. We’re about helping people and one another achieve ambitions. Teamwork goes beyond not working alone. It’s in everything we do and how we treat each other. It’s about operating, every day, under the assumption that the whole is greater than the sum of its parts, in business and in life.
A lot has changed in recent years. Today, consumers want their products delivered now, or rather, yesterday. Perhaps more than any other industry, retail is being forced to adapt rapidly or pay the price.
Retailers must consistently deliver the right assortment of products as quickly as possible without passing any… Read More
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
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.
By the numbers:
At 19.5 percent, Houston’s Skyline vacancy remains below the market-wide office vacancy
Skyline real estate nationally is at a turning point due to increasing new supply, slowing job growth and movement toward safe investments. As a result, rent growth is likely to slow and even plateau for Trophy assets, and vacancy declines will stall… Read More