Category Archives: Research

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

Real estate strategies change with healthcare landscape

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June 28, 2018

outpatient

The shifting healthcare landscape is pushing real estate strategies outside traditional settings.

Conventional approaches to real estate are proving too costly to keep up with both rising demand and compressed reimbursements. Moreover, technology advances and shifting consumer preferences are increasing demand for easier access to care in lower-cost settings in communities.

Over… Read More

Categories: Healthcare, Research.

4 reasons investors are placing their bets on medical office buildings

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June 20, 2018

medical office buildings

Rising patient numbers and real estate spending point to long-term demand and cycle resilience for investment in healthcare-related buildings. As a result, the buyer landscape for healthcare real estate, specifically medical office buildings (MOBs), is robust and growing.

Hospitals and health systems have historically held the lion’s share of… Read 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 their real estate. 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 2018.

Energy companies’ leasing… 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

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

Bank branches dwindle as technology optimizes user experience

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March 1, 2018

banking

Two themes dominate the banking real estate landscape: mobility and optimization.

Thanks to a trend started during the recession and the advent of financial technology, banks large and small are consolidating and no institution is immune to this evolution. The net number of branches in the U.S. declined from 91,900 in… Read More