By: Eli Gilbert, Vice President of Research, JLL Houston
Houston’s Skyline is characterized by contradictions as tenants and landlords alike remain cautious in the face of continuing market volatility and unease over oil prices. A 37 percent drop in leasing activity in 2015 set the stage for modest negative absorption to start 2016, yet asking rents remain near all-time highs. Sublease… Read More
Skyline Micromarkets Across the Country Outperform U.S. Office Market
Demand for creative space may have shifted the market’s landscape, but quality and location remain key drivers in real estate decision making. As a result, Skyline micromarkets across the country remain coveted locations that outperform the office market in general.
Skyline buildings, defined as the top-tier (Trophy, A+ and A) office buildings within… Read More
Tim Hopper, chief economist for TIAA, recently led an economic discussion hosted by JLL’s Retail Capital Markets experts in Houston, Texas. Approximately thirty retail owners from across the city gathered to hear from Hopper on economic topics that ranged from the impending ‘Brexit’ referendum in the U.K. to the reverse of capital from emerging to developed markets. The evening also… Read More