Category Archives: Research

Retail Supply Shows Signs of Catching Up with Demand

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April 13, 2017

By: Mark Raines, Senior Vice President

retail supply

Houston’s retail supply is finally beginning to satiate the red-hot demand of the latest growth cycle.

The city’s retail construction pipeline decreased in the first quarter of this year, settling at 2.7 million square feet. This represents a significant, but ultimately inevitable decrease from the cycle high of… 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

Industrial Market Normalizing After Furious Pace of Recent Years

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April 4, 2017

By: Jeff Venghaus, executive vice president and industrial lead, JLL Houston

industrial market

While Houston’s industrial market remains quite healthy, it is in the process of normalizing following the frenetic pace of 2013, 2014 and 2015.

Case in point: First quarter leasing activity declined for the third consecutive quarter, settling at 2.2 million square feet.… Read More

“Onshoring” Leads to the Growth of Niche Industry in the U.S.

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Feb. 28, 2017

contact centerChances are, unless you need tech support or have billing questions, you probably don’t think much about contact centers. But evolving consumer and client preferences in the digital age have accelerated the growth of this niche industry in recent years. In 2016, the contact center industry grew across world markets, outpacing economicRead More

Categories: Research, Technology.

These 3 Factors are Driving Houston Retail

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Jan. 19, 2017

Houston’s red hot retail sector continued its growth cycle through year-end thanks to home sales, food and entertainment.

home sales

Another record year for home sales

Despite continued softer conditions in Houston’s overall economy, home sales did not let off the gas in 2016. In fact, weakness in the oil and gas sector allowed supply… Read More

Strong Year for Industrial Market Ends Quietly

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Jan. 5, 2017

industrial leasingWhile industrial leasing activity was consistently strong over the course of Houston’s economic downturn, the sector experienced a drop-off in transactions at the close of 2016.

The total volume of deals signed in the fourth quarter fell to 1.8 million square feet, below the industrial long-term average of 2.1 million square feet. The drop-off was… 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