By: Ronnie Deyo, executive vice president and office team lead, JLL Houston
Despite Hurricane Harvey’s widespread devastation, Houston’s office properties fared relatively well, with less than 60 office buildings reporting damage from the storm. As a result, the office market, by-and-large, stayed its course through the close of… Read More
A lot has changed in recent years. Today, consumers want their products delivered now, or rather, yesterday. Perhaps more than any other industry, retail is being forced to adapt rapidly or pay the price.
Retailers must consistently deliver the right assortment of products as quickly as possible without passing any… Read More
When it comes to premium office space it seems there’s always a market for it, even in an economic downturn. Despite consolidations, space give-backs and record sublease levels, Houston’s Skyline office buildings are still outperforming the market, commanding top dollar and capturing the lion’s share of leasing activity.
By the numbers:
At 19.5 percent, Houston’s Skyline vacancy remains below the market-wide office vacancy
Skyline real estate nationally is at a turning point due to increasing new supply, slowing job growth and movement toward safe investments. As a result, rent growth is likely to slow and even plateau for Trophy assets, and vacancy declines will stall… Read More
By: Jeff Venghaus, executive vice president and industrial lead, JLL Houston
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
The 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… Read More