Category Archives: Industrial Services

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

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

Healthy industrial demand spurs new development across Houston

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Jan. 3, 2018

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

industrial users

Sustained demand from industrial users is spurring new developments across Houston, and they are bigger than ever.

Five new buildings broke ground in the fourth quarter of 2017, and 4.6 million square feet of industrial space is currently under construction. The increase in big-box groundbreakings at year-end helped reverse a six quarter… Read 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

A comprehensive review of Hurricane Harvey’s impact on commercial property

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Oct. 12, 2017

By: Eli Gilbert, senior vice president, JLL Research

hurricane harvey's impact

Hurricane Harvey made landfall as a Category 4 storm, August 25, 2017, northeast of Corpus Christi, Texas. The slow moving system was quickly downgraded to a tropical storm but would eventually dump an estimated 19 trillion gallons of water… Read More

Industrial demand soars as land constraints stifle supply

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Oct. 3, 2017

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

industrial demand

After a relatively quiet second quarter, Houston’s industrial market returned to its fervent pace in the third quarter. Vacancy and availability decreased, while the market recorded nearly 3 million square feet of positive net absorption, a significant increase from… 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

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