Oil and Houston’s Office Market: Q & A with Bob Parsley of Colliers
For more than three decades, Bob Parsley has been involved in all phases of the commercial real estate business. A native Houstonian, he has an...
Tag : sublease space
Office Tenants Getting Free Rent in Houston
HOUSTON – Landlords are offering free rent in many office leases in Houston, where a contraction in the energy industry has created softness in the...
Houston Office Market Feels 2nd Quarter Pain Due to Energy Fallout
HOUSTON – Troubles in the energy industry ripped the Houston office market in the second quarter as the pace of leasing slowed and vacancy rates...
The Texas Real Estate Market Has Not Withered Away
A word on the Lone Star State: The Texas real estate market has not withered away following the remarkable decline in oil prices over the...
Supply of Sublease Space Up 61 Percent in Houston Due to Fall in Oil Prices
HOUSTON – With shrinkage in the energy industry, the Houston office market has 61 percent more sublease space today than it did a year ago,...
Sublease Space at a 10-Year High in Houston
HOUSTON – Sublease office space availability has hit its highest level of availability in 10 years, as a number of major energy firms have put...
JLL’s Dan Bellow: Landlords Cut Rents as Houston Becomes a Tenants Market Again
HOUSTON – Long-time Houston broker Dan Bellow, president of Jones Lang LaSalle-Houston, says some Houston office buildings owners have reduced rents and overall rental rates...
CoreNet Panel: Sublease Space Coming to Houston Office Market, Where Spec Projects are Over
HOUSTON – Energy companies are putting sublease space on the market in Houston where an oil price collapse has derailed the expansion plans for a...
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...