HOUSTON - With shrinkage in the energy industry, the Houston office market has 61 percent more sublease space today than it did a year ago, according to Dan Boyles of NAI Partners of Houston.
Sublease space is concentrated primarily in West Houston, which includes the Energy Corridor, Westchase and the Katy area.
Houston has 7.7 million sf of sublease space available in Class A and B combined, double the historic average of 3.3 million sf.
tags: Houston NewsTalk office, Houston Market Research
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