Category Archives: Office

Coworking to inhabit more vacant retail

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Aug. 21, 2018

Coworking is growing rapidly in markets across the U.S., fueling estimates that flexible space could grow to encompass 30 percent of all office stock by 2030.

Simultaneously, large retailers are consolidating their store footprints and property owners are seeking opportunities to refresh retail space with new tenants, looks and uses.

Current market… 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

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 energy-centric real estate markets like Houston. 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… Read 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

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

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

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