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 […]

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 […]

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 […]

Learn your lease (Part 3)

In our third installment, we will look at the Double Net Lease: A double net lease is a lease agreement in which the tenant is responsible for both property taxes and premiums for insuring the building. Unlike a single net lease, which only requires the tenant to pay property taxes, a double net lease passes more expenses along […]

Learn your lease (Part 2)

  In our second informational post, we will look at the Single Net Lease:   What is a Single Net Lease A single net lease is a commercial real estate lease agreement in which the tenant agrees to pay property taxes in addition to rent. A single net lease is a form of pass through lease in which […]

Learn your lease

  When entering into a new lease agreement, it’s important to know all aspects of your lease. In this post, we’ll cover Triple Net or NNN. What is it, and why does it affect your lease cost? What Is a Triple Net Lease (NNN)? A triple net lease (triple–Net or NNN) is a lease agreement on a property whereby the […]

You’ve got questions about Subleases, we have the answers…

  Subleases are sometimes the most misunderstood agreements for new office tenants. Read below for what a sublease is, and what it entails. http://bit.ly/2og6K2s   When drafting and negotiating an office sublease, a tenant must carefully think through a variety of issues, beyond those relating to the creditworthiness of its prospective subtenant, the rent it […]