Category Archives: Houston

New construction providing needed options to industrial tenants

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July 12, 2018

industrial construction

With a market-wide vacancy rate of 4.9 percent, Houston’s 10.6 million-square-foot industrial construction pipeline is providing much needed options to tenants in the market, and they’re taking advantage of new supply.

According to JLL research, construction activity grew for the fourth quarter in a row and is up 80.5 percent… Read More

Leasing, construction, vacancy – the latest from Houston’s office market

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July 9, 2018

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

Houston’s office market faced all-too-familiar headwinds of low leasing activity, rising vacancy, and softening rental rates during the second quarter of 2018. Despite a few signs of improving conditions earlier this year, the market has a long way to go before it regains equilibrium.

Here’s a look at where Houston’s office market stands today.

office leasingRead More

Houston eagerly awaits energy-sector occupancy growth

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June 1, 2018

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

energy-sector

Energy-related tenants have accounted for a significant portion of Houston’s office leasing activity over the past 12 months. In fact, one-third of tenants with active requirements in the market are energy-related. This activity, however, has brought with it very little in… Read More

Real estate a savings vehicle for healthcare systems facing increasing cost pressures

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May 8, 2018

Chris Wadley

Houston healthcare real estate expert Chris Wadley recently joined the Houston office of JLL as Senior Vice President and Houston Healthcare Lead.

Chris will oversee the growth of our Houston Healthcare Practice, including tenant representation, agency leasing, capital markets transactions and construction management for hospitals, health systems, life… Read More

Houston multifamily market marches toward stabilization

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May 2, 2018

Houston multifamily

Strong population growth and an improving economy have buoyed the Houston multifamily market, even as people begin moving back into their homes following Hurricane Harvey. The multifamily sector has been in recovery over the last few quarters and is poised to continue its positive momentum in 2018.

Houston absorbed approximately… Read More

Meet JLL Houston’s 2017 Top 10 Producers (Part 2)

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April 20, 2018

This is the second in a two-part series featuring our Top 10 Houston producers. Check out last week’s post to meet the rest of the group. 

 

Top 10 Houston producersDavid Bale, Executive Vice President, Office Tenant Representation

How did you get into CRE?

A friend of mine introduced me to Dan… Read More

Meet JLL Houston’s 2017 Top 10 Producers (Part 1)

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April 12, 2018

This is the first in a two-part series featuring our Top 10 Houston producers, based on 2017 revenue. Tune in next week for part two, in which we’ll celebrate five more of our top producers.   

We celebrate our colleagues for their drive to deliver beyond what’s expected. Our Top 10 Producers have transacted billions of dollars worth of deals, tens of millions of square feet, and bring more than… Read More

Tenant requirements drive new status quo for Houston industrial market

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April 5, 2018

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

big box distribution space

Tenant requirements for high-quality, big box distribution space continue to drive change in Houston’s industrial market.

Approximately 6.7 million square feet of industrial space is under construction across the metro. This represents a significant uptick from the 3.8… Read More

Lease concessions plateau having peaked in Houston’s soft office market

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April 4, 2018

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

lease concessions

Sluggish tenant demand to start the year meant more of the same for Houston’s office market in all but one respect: lease concessions. Following years of growth, lease concessions, such as free rent and tenant improvement allowances, areRead More