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Colliers: The Woodlands 2Q 2015 Office SnapshotColliers: The Woodlands 2Q 2015 Office Snapshothttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=2582015-07-28T09:30:00Z2015-07-28T10:00:00Z

THE WOODLANDS - Class A rents increased slightly over the quarter while Class B rents remained flat, according to Colliers International Market Office Snapshot 2Q 2015.

Positive net absorption and new supply reflected the continuation of ExxonMobil’s relocation into Phase III of its new campus.

Construction activity remains slow as proposed projects are still on hold due to the slump in energy prices.

The Woodlands Office Snapshot 2Q 2015
  Inventory Direct Vacancy Vacancy Rate Net Absorption (SF) Rental
Rate
Class Bldgs. Total (SF) (SF) Rate 2Q 2015 1Q 2015 2Q 2015 1Q 2015 Avg. (SF)
A 32 9,251,755 434,129 4.7% 5.2% 5.0% 452,559 1,671,730 $35.60
B 70 4,426,517 442,448 10.0% 10.7% 8.1% -115,935 762 $24.66
C 5 338,038 1,000 0.3% 0.3% 0.3% 0 0 $19.80
Total 107 14,016,310 877,577 6.3% 6.9% 5.9% 336,624 1,672,492 $30.28


See The Woodlands Office Research Snapshot 2Q 2015 (PDF) for the full report.

Free and easy data? See more quarterly reports under Houston Market Research under Office.

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