Category Archives: Energy

Energy companies look for efficiency, flexibility in office space even as oil prices rise

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June 13, 2018

energy companies

The drastic correction in oil prices between 2014 and 2017 left an indelible mark on energy companies and their real estate. The trauma of the downturn has generated a new culture of ultra-disciplined spending and doing more with less, even as oil prices have recovered in 2018.

Energy companies’ leasing… Read More

Common real estate pitfalls energy companies should avoid (Part 3)

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Feb. 9, 2018

By: Bruce Rutherford, International Director, JLL Global Energy Practice Group

This is the third in a three-part series examining common real estate pitfalls energy companies should avoid. JLL’s Global Energy Practice Group will share market insights and real estate expertise with energy companies at the 2018 NAPE Summit, Feb. 8-9, in Houston. Visit us at booth 3111. 

Common real estate pitfall #1

Common real estate pitfall #2 Read More

Common real estate pitfalls energy companies should avoid (Part 2)

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Feb. 8, 2018

By: Bruce Rutherford, International Director, JLL Global Energy Practice Group

This is the second in a three-part series examining common real estate pitfalls energy companies should avoid. JLL’s Global Energy Practice Group will share market insights and real estate expertise with energy companies at the 2018 NAPE Summit, Feb. 8-9, in Houston. Visit us at booth 3111.

Common real estate pitfall #1. 

NAPE SummitRead More

Common real estate pitfalls energy companies should avoid (Part 1)

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Feb. 7, 2018

By: Bruce Rutherford, International Director, JLL Global Energy Practice Group

This is the first in a three-part series examining common real estate pitfalls energy companies should avoid. JLL’s Global Energy Practice Group will share market insights and real estate expertise with energy companies at the 2018 NAPE Summit, Feb. 8-9, in Houston. Visit us at booth 3111.

NAPERead More

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

Port Houston gaining share of total US TEU volume

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August 17, 2017

By: John Talhelm, senior vice president, JLL Houston

Port HoustonPort-centric submarkets across U.S. cities have seen robust growth and increasing industrial real estate occupancy levels. None more than Houston.

Examining availability of industrial real estate across 14 major North American port markets, Houston showed the largest decline in year-over-year industrial… Read More

CRE Strategies for the “New Normal” of the Oil & Gas Industry

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Feb. 13, 2017

By: Bruce Rutherford, International Director of JLL’s Global Energy Practice Group

Oil & Gas Industry

Surviving the downturn has been the name of the game with layoffs, bankruptcies, and mergers and acquisitions dominating energy headlines in recent years. Subleasing excess space has been the primary option for reducing CRE costs, but additional… Read More