Q1 2022 | Houston Office Market Report
Q1 2022 | Houston Office Market Report
Houston Highlights Houstonās office market posted positive net absorption in Q1 2022, recording 899,763 square feet. About half of the absorption was Hewlett Packard Enterpriseās move into two new buildings in The Woodlands submarket. The buildings HPE left unoccupied were sold and are expected to be placed on the rental market later in the year, […]
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Houston Highlights Houstonās office market posted positive net absorption in Q1 2022, recording 899,763 square feet. About half of the absorption was Hewlett Packard Enterpriseās move into two new buildings in The Woodlands submarket. The buildings HPE left unoccupied were sold and are expected to be placed on the rental market later in the year, [ā¦]
The post Q1 2022 | Houston Office Market Report appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās office market posted positive net absorption in Q1 2022, recording 899,763 square feet. About half of the absorption was Hewlett Packard Enterpriseās move into two new buildings in The Woodlands submarket. The buildings HPE left unoccupied were sold and are expected to be placed on the rental market later in the year, [ā¦]
The post Q1 2022 | Houston Office Market Report appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās vacancy rate decreased 20 basis points from 5.8% to 5.6% over the quarter as more inventory was leased than new inventory delivered. Houstonās 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 [ā¦]
The post Q1 2022 | Houston Retail Market Report appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās vacancy rate decreased 20 basis points from 5.8% to 5.6% over the quarter as more inventory was leased than new inventory delivered. Houstonās 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 [ā¦]
The post Q1 2022 | Houston Retail Market Report appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās 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. Houstonās [ā¦]
The post Q1 2022 | Houston Industrial Market Report appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās 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. Houstonās [ā¦]
The post Q1 2022 | Houston Industrial Market Report appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās 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. Houstonās Class A overall average full-service rental rate rose from $35.10 per square foot ...
Houston Highlights Houstonās 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. Houstonās Class A overall average full-service rental rate rose from $35.10 per square foot ...
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 [ā¦]
The post Houston Medical Office Sales | Q1 2022 appeared first on THE TENANT ADVISOR.
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 [ā¦]
The post Houston Medical Office Sales | Q1 2022 appeared first on THE TENANT ADVISOR.
Houston Highlights Houstonās 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. Houstonās average NNN rental rates increased over the year but fell slightly on a quarterly basis. Houstonās Class...
Houston Highlights Houstonās 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. Houstonās average NNN rental rates increased over the year but fell slightly on a quarterly basis. Houstonās Class...
Houston Highlights Houstonās industrial market continued to gain momentum as leasing velocity reached over 11 million square feet in the third quarter. The increase in demand for space continued to spur new development with over 27 million square feet under construction and an additional 64 million square feet proposed or in the final planning stage. Houstonās industrial market recorded 5.6 million square feet of positive net absorption in the third quarter, pushing the year-to-date total t...
Houston Highlights Houstonās industrial market continued to gain momentum as leasing velocity reached over 11 million square feet in the third quarter. The increase in demand for space continued to spur new development with over 27 million square feet under construction and an additional 64 million square feet proposed or in the final planning stage. Houstonās industrial market recorded 5.6 million square feet of positive net absorption in the third quarter, pushing the year-to-date total t...
Houston Highlights Houstonās industrial market continued to gain momentum as leasing velocity reached over 10 million square feet in the second quarter. The increase in demand for space continued to spur new development with over 21 million square feet under construction and an additional 65 million square feet proposed or in the final planning stage. Houstonās industrial market recorded 6.6 million square feet of positive net absorption in the second quarter. The vacancy rate decreased 280...
Houston Highlights Houstonās industrial market continued to gain momentum as leasing velocity reached over 10 million square feet in the second quarter. The increase in demand for space continued to spur new development with over 21 million square feet under construction and an additional 65 million square feet proposed or in the final planning stage. Houstonās industrial market recorded 6.6 million square feet of positive net absorption in the second quarter. The vacancy rate decreased 280...
Houston Highlights Houstonās vacancy rate decreased 50 basis points from 5.6% to 5.1% over the quarter as more inventory was leased than new inventory delivered. Houstonās retail sector recorded 1.3 million square feet of positive net absorption in the second quarter, pushing the year-to-date total absorption to 2.4 million square feet. Year-to-date leasing activity reached 3.1 million square feet, an increase of 24% when compared to mid-year 2021. The average asking rental rate increased 2...
Houston Highlights Houstonās vacancy rate decreased 50 basis points from 5.6% to 5.1% over the quarter as more inventory was leased than new inventory delivered. Houstonās retail sector recorded 1.3 million square feet of positive net absorption in the second quarter, pushing the year-to-date total absorption to 2.4 million square feet. Year-to-date leasing activity reached 3.1 million square feet, an increase of 24% when compared to mid-year 2021. The average asking rental rate increased 2...
We will discuss the latestĀ HoustonĀ housing market trends. Buyers kept the Houston real estate market humming in December, despite persistently low inventory. Homebuyers took advantage of historically low mortgage interest rates throughout 2021. Single-family home sales exceeded the record volume set in 2020 by more than 10%, while total dollar volume increased nearly 32% to a [ā¦]
The post Houston Real Estate Market: Prices | Trends | Forecast 2022 appeared first on Norada Real Estate Investm...
We will discuss the latestĀ HoustonĀ housing market trends. Buyers kept the Houston real estate market humming in December, despite persistently low inventory. Homebuyers took advantage of historically low mortgage interest rates throughout 2021. Single-family home sales exceeded the record volume set in 2020 by more than 10%, while total dollar volume increased nearly 32% to a [ā¦]
The post Houston Real Estate Market: Prices | Trends | Forecast 2022 appeared first on Norada Real Estate Investm...