Category Archives: Research

Bank branches dwindle as technology optimizes user experience

0 CommentsBy

March 1, 2018


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

Houston data center market displays resiliency, provides opportunity

0 CommentsBy

Feb. 13, 2018

data center market

Houston data centers showcased incredible strength throughout Hurricane Harvey and the ensuing disaster. All facilities in the area weathered the storm as designed, with no direct impact.

Since then, Houston’s healthcare sector has given a lift to the market, resulting in modest positive absorption at year-end. Nonetheless, speculative development… Read More

Houston retail to innovate in response to dynamic retail climate

2 CommentsBy

Jan. 24, 2018

By: Simmi Jaggi, senior vice president, JLL Houston

experience-based retailers

With strong projections for population growth and home sales, Houston retail will continue to thrive in 2018 – albeit at more sustainable levels than the past two years. That said, the retail sector is set to look much different in the future,… Read More

Healthy industrial demand spurs new development across Houston

0 CommentsBy

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

Heightened subleasing activity not enough to counter supply overhang in 2017

0 CommentsBy

Jan. 2, 2018

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

A record amount of sublease leasing activity was not enough to balance supply-heavy market conditions in 2017.

At 2.8 million square feet, subleasing activity increased by 46.5 percent over 2016’s total and accounted for nearly one-fourth of all leasing activity… Read More

The latest on O&G’s impact on Houston commercial property

0 CommentsBy

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

Law firms still want that CBD cachet

0 CommentsBy

Nov. 3, 2017

Law firms have been driving the preleasing of Houston’s newest developments and capitalizing on excess space released by energy tenants, particularly in the city’s CBD.

Long consumers of Houston’s highest quality space, the red hot competition for talent has made securing the best space top of mind for many firms. But… Read More

Internet-resistant retailers expand while others catch their breath

0 CommentsBy

Oct. 19, 2017

By: Mark Raines, senior vice president, JLL Houston


Houston retail remains healthy as it settles into a new and more sustainable normal following the frenetic game of catch-up from the last three years.

During the third quarter, leasing activity decreased to 1.5 million square feet while some retailers paused to evaluate strategies… Read More

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

0 CommentsBy

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