Author Archives: JLL Houston

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

JLL engineers earn top spot at BOMA competition

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Dec. 7, 2017

JLL’s Life Science Plaza engineering team won first place and the coveted “Golden Wrench” at the fourth annual Houston BOMA Engineer All-Star Maintenance Olympics, held earlier this quarter. Abraham Escareno, Mike Oncken, Chuck Mixon and Eduardo Guerrero made up the winning team.

The event pits engineering teams from different property management… Read More

How to know if coworking is right for your company

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Nov. 28, 2017

Coworking presents a solution to a variety of workplace challenges, offering a pay-as-you-go alternative to traditional office space. Typically thought of as a place for budding start-ups, coworking can help solve common business challenges regardless of where a company is in its life cycle.

Below we explore both the advantages and… Read More

Categories: Office.

The latest on O&G’s impact on Houston commercial property

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Nov. 8, 2017

Contrary to the market as a whole, construction activity is increasing in the southeast industrial submarket in anticipation of petrochemical plants coming online in 2018.

Energy-related employment reached an inflection point in 2017, with office positions increasing despite the low-price environment. In Houston, energy employment increased… Read More

Law firms still want that CBD cachet

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Nov. 3, 2017

Law firms have been driving the preleasing of Houston’s newest developments and capitalizing on excess space released by energy tenants, particularly in the city’s CBD.

Long consumers of Houston’s highest quality space, the red hot competition for talent has made securing the best space top of mind for many firms. But… Read More

We are driven by excellence

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October 20, 2017

At JLL, we seek excellence in everything we do. We dig deeper, reach further and always deliver. This means we always expect more. More for our clients. More from each other. More from our careers. More from every single day. All with the purpose of achieving ambitions.

Hear from Erica about what excellence means at JLL.

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Categories: Uncategorized.

Internet-resistant retailers expand while others catch their breath

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Oct. 19, 2017

By: Mark Raines, senior vice president, JLL Houston

internet-resistant

Houston retail remains healthy as it settles into a new and more sustainable normal following the frenetic game of catch-up from the last three years.

During the third quarter, leasing activity decreased to 1.5 million square feet while some retailers paused to evaluate strategies… Read More