Energy Fallout: 1 Million SF of Sublease Office Space Hits Houston Market
HOUSTON – Energy firms are putting excess Houston office space on the market for sublease following layoffs and pullbacks in their exploration plans, says Dan...
Tag : Oil prices
Veteran Houston CRE Lending Expert John Fenoglio: Construction Lending Over in Some Sectors
HOUSTON – Lenders have put a halt on funding new multifamily and office construction projects in Houston in the face of low oil prices, says...
Houston Gains 125,000 Jobs – Best Job Growth Since 1981
HOUSTON – Don’t write off the Houston economy just yet. Demonstrating the healthiest hiring pattern in 33 years, Houston created 125,300 jobs in the last...
Two Energy Firms Lease Office Space in Houston, Where Falling Oil Prices Pose Questions
HOUSTON — Parkway Properties has announced two Houston office leases to energy-related firms, reducing the potential for empty space in its Houston portfolio. “These two...
Houston’s Brinsden: Oil Price Plunge Will Pinch Office Market First
HOUSTON – The Houston office market will be the first real estate sector to feel the pinch of lower oil prices, which have cast a...
Layoffs to Hit Houston Energy Industry as the City Braces for a Fall from Job-Growth Leadership Position
HOUSTON – Layoffs will hit Houston’s energy industry in 2015 as lower oil prices dampen the economy in Houston, which is known as the Energy...
DATELINE HOUSTON: Oil Prices and Real Estate
HOUSTON – Texas real estate will be unscathed by the significant decline in oil prices this fall, although the topic is getting a lot of...