Monthly Archives: January 2018

Houston retail to innovate in response to dynamic retail climate

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Jan. 24, 2018

By: Simmi Jaggi, senior vice president, JLL Houston

experience-based retailers

With strong projections for population growth and home sales, Houston retail will continue to thrive in 2018 – albeit at more sustainable levels than the past two years. That said, the retail sector is set to look much different in the future,… Read More

Healthy industrial demand spurs new development across Houston

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Jan. 3, 2018

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

industrial users

Sustained demand from industrial users is spurring new developments across Houston, and they are bigger than ever.

Five new buildings broke ground in the fourth quarter of 2017, and 4.6 million square feet of industrial space is currently under construction. The increase in big-box groundbreakings at year-end helped reverse a six quarter… Read More

Heightened subleasing activity not enough to counter supply overhang in 2017

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Jan. 2, 2018

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

A record amount of sublease leasing activity was not enough to balance supply-heavy market conditions in 2017.

At 2.8 million square feet, subleasing activity increased by 46.5 percent over 2016’s total and accounted for nearly one-fourth of all leasing activity… Read More