Houston gets Industrial

  Overall vacancy is at 6.6%, up from this time last year at 5.5%, due in part to the 6.9 million sq. ft. of vacant space delivered to the market in 2019—half of the total 13.7 million sq. ft. completed. Of the 18.3 million sq. ft. currently under construction, about three-fourths of that space is available […]

(Plenty) of Offices for Rent in Houston

  The Houston Office market is still ripe for those looking to rent space. Despite a somewhat sluggish couple of years, there are plenty of properties available in virtually every submarket and at any budget. All recent research suggests that the health of the Office Market in Houston is poised for a strong 2020 even […]

Big things in North Dallas

The Dallas North Tollway is home to Frisco’s $5B Mile and part of the Platinum Corridor — a stretch of development-rich highway that runs from Interstate 635 and the Galleria Dallas to Frisco.  The corridor contains some of DFW’s most enriching and inspirational developments, and, in the next 10 years, developers and city leaders working […]

Keep Austin…occupied

  The Austin industrial market’s overall vacancy rate rose to 8.1% during the third quarter of 2019, an increase of 20 basis points quarter-over-quarter, and 200 basis points year-over-year. Class A space ended the quarter at 24.7% vacancy, up from 16.6% this time last year, based on a total inventory of 8.4 million sq. ft. […]

Vacancy in San Antonio

The overall vacancy is at 10.0%, unchanged from this time last year. Meanwhile, the gross average asking rental rate keeps increasing, growing to $23.12 per sq. ft., up $0.80 (3.6%) year-over-year. Occupancy of the 918,000 sq. ft. delivered to the market year-to-date stands at 81.3%, and of the 1.4 million sq. ft. currently under construction. […]

No sign of slowdown in Houston Leasing Market

  Net absorption in the Houston retail market increased to almost 1.3 million sq. ft. in the third quarter compared to the previous quarter at 1.2 million sq. ft., a 3.5% increase, while leasing activity included 1.4 million sq. ft. of signed deals.   EXECUTIVE SUMMARY Steady Houston retail market Net absorption in the Houston […]

(Plenty) of Offices in San Antonio

At 10.1%, the vacancy rate for office space in the San Antonio metro inched up above 10.0% for the first time since Q1 2016. That represents a 20-basis-point increase from this time last quarter and an 80 basis-point jump year-over-year EXECUTIVE SUMMARY Vacancy rates remain stable At 10.1%, the vacancy rate for office space in […]

Office Leasing in Austin

Austin’s retail market remained tight during the third quarter of 2019, with the overall vacancy rate up only slightly quarter-over-quarter—and year-over-year—at 4.3%. Net absorption also remained at the same level compared to last quarter at 175,000 sq. ft., continuing to stay positive for 33 consecutive quarters, or eight years. EXECUTIVE SUMMARY Austin’s retail market remains […]

The ABC’s of Office Type

  What’s in a letter? Well in terms of the cost of your office, quite a bit actually…   Class A space is usually in a prime location and is newly developed. Sometimes they can be in an older but highly sought after building, in which case the interiors have been recently updated to a […]

Health of the Galleria

  The Galleria/West Loop submarket is second in total office market inventory only to the Central Business District. Large tenants like Bechtel, Stewart Title, alliantgroup, Hines, CBRE, and Landry’s help represent a diverse roster, while energy-related firms including Marathon Oil, BHP Billiton, Enbridge, Apache, and Weatherford are also in the mix. The high-profile submarket’s vacancy […]