More than 440 grocery stores opened in the U.S. in 2016. The Lone Star State was home to the most new grocery store openings with 3.04 million square feet or 16.13 percent of new grocery space leased. Much of this expansion was driven by Kroger and H-E-B… Read More
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
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 of… Read More
After 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