Category Archives: Office

The human experience in the future of work

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June 16, 2017

human experienceThe world of work is changing and the landscape of real estate has evolved. What was once about acquiring and managing buildings has become a strategic lever for transformation, enabling organizations to achieve broader business agendas. Relationships between organizations and the people they serve, employ and partner with are evolving, and technology… Read More

Silver Linings Emerge Despite Challenges in Houston Office Market

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April 5, 2017

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

Houston office marketDespite increased optimism across the city, the Houston office market has a long road ahead before it works its way through the excess supply of space that has accumulated over the last two years.

A long road ahead

Large amounts of space… Read More

Meet HOLBA’s 2016 Landlord Representative of the Year

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March 14, 2017

landlord representative

Chrissy Wilson with JLL Houston team members and JLL Houston President Dan Bellow, Feb. 28, 2017 at the HOLBA 2016 Landlord Representative Awards.

“Quite frankly, if you had quality product and quality ownership, 2016 didn’t turn out to be too bad,” said JLL Senior Vice President and HOLBA… 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 coping strategies exist.

JLL’s… Read More

Healing Sublease Inventory Offset by Pain Elsewhere

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Jan. 4, 2017

negative net absorption

A battered office market remained just that in the fourth quarter of 2016. Despite the first decrease in Houston’s office sublease inventory in two years, weak leasing activity and negative net absorption in the city’s largest submarkets all but assured the overall office market would record its second consecutive year ofRead More

Houston Sublease Inventory Decreases for First Time in Two Years

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Dec. 21, 2016

sublease inventoryAfter growing by a net of 3.5 million square feet in 2016, Houston’s sublease inventory recently decreased by 5 percent following an uptick in leasing activity and ConocoPhillips’ decision to relocate their headquarters to Energy Center IV.

The fourth quarter of 2016 has seen four multi-floor subleases signed, a significant amount considering… Read More

Smaller Cities, Bigger Growth: Finding Tech Companies Where You Least Expect

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Dec. 13, 2016

tech companies

No longer sequestered on the West Coast, the technology industry has been growing in cities nationwide.

Across the country, tech companies have consistently driven the most leasing activity in recent years, averaging 22.3 percent of large-block leasing. Banking and finance companies follow distantly, comprising 10.3 percent of leasing activity since the third quarter of… Read More

Categories: Office, Research, Technology.

The Impact of Low Oil Prices: Upstream, Midstream & Downstream

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Nov. 15, 2016

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

How is the energy downturn affecting CRE decisions by companies in each energy sector? What are the implications for the future?

upstream midstream downstreamUpstream – streamlining to survive the downturn

The energy downturn has hit the upstream sector of the oil and gas industry the hardest. Exploration & Production (E&P) companies in the upstream sector hired… Read More

Houston Commercial Real Estate Adapts to Prolonged Downturn

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Oct. 17, 2016

By: Steve Burkett, Executive Vice President, JLL Houston

Houston commercial real estateThere has been no shortage of reports, articles, ponderings and predictions about the Houston office market and its eventual recovery. At a recent commercial real estate panel, hosted by the Houston Business Journal, panelists representing tenants, landlords, developers and the capital markets, agreed: No one knows when the market will recover. Those in Houston… Read More

Categories: Houston, Office.