Category Archives: Brokerage

Silver Linings Emerge Despite Challenges in Houston Office Market

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April 5, 2017

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

Houston office marketDespite increased optimism across the city, the Houston office market has a long road ahead before it works its way through the excess supply of space that has accumulated over the last two years.

A long road ahead

Large amounts of space… Read More

Industrial Market Normalizing After Furious Pace of Recent Years

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April 4, 2017

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

industrial market

While Houston’s industrial market remains quite healthy, it is in the process of normalizing following the frenetic pace of 2013, 2014 and 2015.

Case in point: First quarter leasing activity declined for the third consecutive quarter, settling at 2.2 million square feet.… Read More

Meet HOLBA’s 2016 Landlord Representative of the Year

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March 14, 2017

landlord representative

Chrissy Wilson with JLL Houston team members and JLL Houston President Dan Bellow, Feb. 28, 2017 at the HOLBA 2016 Landlord Representative Awards.

“Quite frankly, if you had quality product and quality ownership, 2016 didn’t turn out to be too bad,” said JLL Senior Vice President and HOLBA… Read More

Supply Chain Houston: One size does not fit all

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March 10, 2017

This is the second in a two-part series focused on exploring factors that make Houston a compelling destination for warehouse, distribution and fulfillment centers and what each of Houston’s top industrial submarkets have to offer developers and end-users from a supply chain perspective.

As discussed in the first part of this series, Houston makes a strong case as a link in major U.S. and global supply chains. However, the complexity of distribution and… Read More

Thriving Retail in Houston’s Master-Planned Communities

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Feb. 22, 2017

Houston's master-planned communities

Houston continues to be one of the strongest retail markets in the U.S. The city’s retail sector saw record amounts of development and absorption throughout 2016.

This comes as a surprise to many outside of the Houston metro whose perception is that the drop in oil prices has negatively impacted every aspect… Read More

These 3 Factors are Driving Houston Retail

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Jan. 19, 2017

Houston’s red hot retail sector continued its growth cycle through year-end thanks to home sales, food and entertainment.

home sales

Another record year for home sales

Despite continued softer conditions in Houston’s overall economy, home sales did not let off the gas in 2016. In fact, weakness in the oil and gas sector allowed supply… Read More

Strong Year for Industrial Market Ends Quietly

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Jan. 5, 2017

industrial leasingWhile industrial leasing activity was consistently strong over the course of Houston’s economic downturn, the sector experienced a drop-off in transactions at the close of 2016.

The total volume of deals signed in the fourth quarter fell to 1.8 million square feet, below the industrial long-term average of 2.1 million square feet. The drop-off was… Read More

Healing Sublease Inventory Offset by Pain Elsewhere

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Jan. 4, 2017

negative net absorption

A battered office market remained just that in the fourth quarter of 2016. Despite the first decrease in Houston’s office sublease inventory in two years, weak leasing activity and negative net absorption in the city’s largest submarkets all but assured the overall office market would record its second consecutive year ofRead More

Houston Sublease Inventory Decreases for First Time in Two Years

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Dec. 21, 2016

sublease inventoryAfter growing by a net of 3.5 million square feet in 2016, Houston’s sublease inventory recently decreased by 5 percent following an uptick in leasing activity and ConocoPhillips’ decision to relocate their headquarters to Energy Center IV.

The fourth quarter of 2016 has seen four multi-floor subleases signed, a significant amount considering… Read More