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Jan. 5, 2017 While 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 post Strong Year for Industrial Market Ends Quietly appeared first on JLL Houston Blog.
Jan. 4, 2017 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 of negative
The post Healing Sublease Inventory Offset by Pain Elsewhere appeared first on JLL Houston Blog.
Dec. 21, 2016 After 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
The post Houston Sublease Inventory Decreases for First Time in Two Years appeared first on JLL Houston Blog.