Category Archives: Houston

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

Houston Skyline reveals flight-to-quality despite anemic office market

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August 3, 2017

When it comes to premium office space it seems there’s always a market for it, even in an economic downturn. Despite consolidations, space give-backs and record sublease levels, Houston’s Skyline office buildings are still outperforming the market, commanding top dollar and capturing the lion’s share of leasing activity.

Houston skyline

By the numbers:

  • At 19.5 percent, Houston’s Skyline vacancy remains below the market-wide office vacancy
  • Read More

Retail rebalances as growth cycle matures

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July 25, 2017

By: Mark Raines, senior vice president, JLL Houston

fast casual

With a maturing demand cycle and almost 4.1 million square feet of space under construction, Houston’s retail landscape is stabilizing from the record-setting pace of the last several quarters.

Pent-up demand from years of strong population growth and muted retail construction have driven rapid… Read More

Record amount of “big-box” space to deliver in Houston

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July 6, 2017

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

big-box

Houston is rising as a big-box market thanks to strong population growth and the expansion of e-commerce and consumer goods. This year, the market is set to deliver a record seven warehouse and distribution facilities of greater than 400,000 square… Read More

Weak tenant demand continues drag on Houston office market

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July 5, 2017

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

tenant demandWeak tenant demand driven by ongoing uncertainty in the oil and gas industry continues to be a drag on Houston’s office market.

State of the office market

Houston continues to see more of the languid leasing activity that has come… Read More

Multifamily recovery could come sooner than originally thought

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May 11, 2017

multifamily 2Houston’s multifamily market is working to rebalance following an influx of new units to the market over the last three years. However, recovery may come sooner than originally thought thanks to a diminished development pipeline, strong first quarter absorption, and positive population and job growth.

Here are three things to know about Houston’s multifamily market right now.

1. Supply outpaces demand… Read More
Categories: Apartment, Houston, Research.

How E-Commerce Increases Demand for Labor

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April 25, 2017

e-commerce

With e-commerce driving industrial real estate demand nationwide, the need for warehouse labor has also increased dramatically.

From 2010 to 2014, e-commerce was the third most active industrial sector, accounting for 16.1 percent of all “big-box” transactions nationally, just behind traditional retail and consumer non-durables. However, over the last two years,Read More

Retail Supply Shows Signs of Catching Up with Demand

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April 13, 2017

By: Mark Raines, Senior Vice President

retail supply

Houston’s retail supply is finally beginning to satiate the red-hot demand of the latest growth cycle.

The city’s retail construction pipeline decreased in the first quarter of this year, settling at 2.7 million square feet. This represents a significant, but ultimately inevitable decrease from the… 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… Read More