BREAKING NEWS

Walmart’s ‘Store of The Future’ Prototype Opens in Houston

Toll Brothers debuts 55 and up community in Houston

What Led the ‘Joy Score’ in Home Remodeling?

Underpassage: The New Experiential Entry Portal Into Downtown

RNR Real Estate Briefs – Texas & more

Lender Takes Ownership of Houston Center Complex

REALTY NEWS REPORT - Logo

Downtown Houston
RNR-RalphBivinsProject-Interviews
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact
FacebookLinkedinYoutubeEmail
REALTY NEWS REPORT - Logo

Houston has 36 Office Buildings Under Construction; Tied With New York as a Construction Hot Spot

by Realty News ReportSeptember 21, 2015
Share0

HOUSTON – Houston has 36 office buildings under construction, according to the second quarter office report by CBRE. Of those three dozen buildings, 11 are single tenant buildings and 25 are multi-tenant.

Some of those 36 projects may have been completed in recent weeks, but other new office projects have been announced.

Transwestern reported last week that Houston and New York both have 11.3 million square feet under construction, the top markets in the nation. Weakness in the Houston economy, however, will slow down absorption, Transwestern said.

Boston, Dallas and Washington, D.C., have at least 5 million square feet under construction. There is very little active construction in Atlanta, Baltimore or Miami. Transwestern reported.

Houston and San Francisco lead the way in terms of space under construction as a percentage of the existing inventory. In Houston, the space under construction represents 4.8 percent of the existing inventory, and San Francisco’s figure is 4.4 percent. Boston at 3.6 percent and Seattle at 2.9 percent also have significant amounts of space under construction relative to their current supplies. Atlanta and Philadelphia have the smallest shares, with less than 1.0 percent of the existing inventory under construction.

Share0
previous post
Healthcare and Real Estate: The Q&A with Coy Davidson of Colliers International
next post
Retail and Real Estate: The Q&A with Vista Equities Group President Woody Mann, Jr.

Related posts

Walmart’s ‘Store of The Future’ Prototype Opens in Houston

Realty News ReportMay 11, 2025

Toll Brothers debuts 55 and up community in Houston

Realty News ReportMay 6, 2025

What Led the ‘Joy Score’ in Home Remodeling?

Realty News ReportMay 6, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Search News

CommGate
new version
ECD-RealtyNewsReport-Ad-300x250
Partners Ad
CBRE Ad
Arch Con Corporation Ad
Hines Ad
Avera Ad
RNR Ad 030124
Ziegler Cooper Ad
Lee & Associates Ad
2021 Realty News Report Ad
RNR - Lincoln Property Company
Hal Gordon - Property Tax Lawyer
Hunington Ad
230725-RNR_Digital-Ad_Red
Hunington Ad

Let's Connect

logo
About US
Author Ralph Bivins is editor of Realty News Report, which covers regional and national news. Bivins recently received the Gold Award for Best Column in the National Association of Real Estate Editors Journalism Competition. Contact us
Follow us
FacebookLinkedinYoutubeEmail
@2022 All Right Reserved. Powered by CGS Digital Marketing
REALTY NEWS REPORT - Logo
FacebookLinkedinYoutubeEmail
  • Home
  • Categories
    • Breaking News
    • Houston
    • Residential
    • New Development
    • People
    • Office
    • Multi-Family
    • Capital Markets
    • Texas
    • Retail
    • Hospitality
    • Industrial
    • Land
    • Lease Brief
    • Medical
    • National
    • Realty News Report
    • Trades
    • Uncategorized
  • Archive
  • Subscribe
  • The Ralph Bivins Project
  • About
  • Contact