Houston MOB Sales Update Mid-Year 2022

Houston Medical Office Sales | Mid-Year 2022 - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston MOB Sales Volume Slows in Q2 2022 Investment sales volumes in the Houston medical office buildings (MOB) sector started off strong in 2022 but slowed in the second quarter of 2022. Twelve (12) Houston area Medical Office Buildings totaling 498,215 square feet sold in the first quarter of 2022 compared to five (5) totaling 261,122 square feet in the second quarter. The Houston area MOB transactions in the second quarter included: Big Sky Medical’s acquisition of Bissonnet Medical Plaza...

Houston CRE Market Research | Mid-Year 2022 - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Job Growth Surges in Houston The first half of ’22 was the strongest opening on record for Houston’s economy. Job growth surged. The unemployment rate fell. Houston’s civilian labor force grew significantly. Exports set a record. Container traffic soared. Crude topped $100 per barrel. The rig count approached pre-pandemic levels. Metro Houston created 84,600 jobs in the first half of ’22. That’s the best start on record for the region, better than any year in the ’80s, when the domes...

coydavidson coydavidson | 2 years ago

Houston MOB Sales Volume Off to a Strong Start in 2022 Total U.S. MOB investment in 2021 was $17.4 billion, the highest total on record and significantly up from $11.9 billion in 2020. Despite the pandemic-driven economic downturn, activity in the sector has escalated and medical real estate is no longer perceived as a niche […] The post Houston Medical Office Sales | Q1 2022 appeared first on THE TENANT ADVISOR.

Q2 2022 | Houston Office Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s office market posted negative net absorption in Q2 2022, recording (-224,211) square feet. The overall average vacancy rate rose marginally by 10 basis points between quarters from 23.4% to 23.5%. Office inventory remained unchanged, as no new inventory was added and there is 2.0 million SF of office space under construction. Average rental rates increased over the year. Houston’s Class A overall average full-service rental rate rose from $35.10 per square foot ...

Houston Office Market Report | Q3 2022 - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

Houston Highlights Houston’s office market posted negative net absorption in Q3 2022, recording -409,185 square feet. The overall average vacancy rate rose marginally by 20 basis points between quarters from 23.1% to 23.3%. Office inventory increased slightly as 97,600 square feet of new inventory was added. There is two million square feet of office space under construction. Houston’s average NNN rental rates increased over the year but fell slightly on a quarterly basis. Houston’s Class...

2022 | Houston Economic Outlook - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Highlights The Houston MSA 2021 population grew by 467,000 during the last five years to over 7.2 million and is projected to grow by almost 589,000 over the next five years. Houston’s racial diversity is twice as high as the national average. Houston’s unemployment rate and job growth made huge improvements between 2020 and […] The post 2022 | Houston Economic Outlook appeared first on THE TENANT ADVISOR.

2021 | Year-End Houston Healthcare Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Healthcare Real Estate Records a Strong Performance in 2021 Houston’s medical office building (MOB) market posted 869,962 square feet of positive net absorption in Q4 2021, bringing the year-end total to 859,192 square feet. The vacancy rate fell over the year from 12.9% to 12.1%. Houston’s MOB inventory increased slightly with 471,245 square feet […] The post 2021 | Year-End Houston Healthcare Market Report appeared first on THE TENANT ADVISOR.

Q1 2022 | Houston Retail Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Highlights Houston’s vacancy rate decreased 20 basis points from 5.8% to 5.6% over the quarter as more inventory was leased than new inventory delivered. Houston’s retail sector recorded 1.1 million square feet of positive net absorption in the first quarter. Leasing volume reached 1.9 million square feet in Q1, an increase of 26% over […] The post Q1 2022 | Houston Retail Market Report appeared first on THE TENANT ADVISOR.

Q1 2022 | Houston Industrial Market Report - THE TENANT ADVISOR

coydavidson coydavidson | 2 years ago

Houston Highlights Houston’s Industrial market continued to gain momentum as leasing velocity reached 10 million square feet in the first quarter. The increase in demand for space continued to spur new development with over 18 million square feet under construction and an additional 65 million square feet proposed or in the final planning stage. Houston’s […] The post Q1 2022 | Houston Industrial Market Report appeared first on THE TENANT ADVISOR.

Capital Markets | Q1 2022 U.S. Market Snapshot - THE TENANT ADVISOR

coydavidson coydavidson | 1 year ago

After a record-setting year, 2022 got off to a strong start. Transaction volume totaling $161.6 billion in the U.S. is a new all-time high for the first quarter. Volume is up across all asset classes compared to 2021, with multifamily continuing to lead the pack. Interest rate increases have been swift, resetting to levels we haven’t seen since 2018. The Fed is fighting inflation, raising the federal funds rate at the same time it is shrinking its balance sheet. Office After a year-end reboun...

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Houston Medical Office Sales | Mid-Year 2022 - THE TENANT ADVISOR

Houston Medical Office Sales | Mid-Year 2022 - THE TENANT ADVISOR