{{titleBar.title}}

{{titleBar.tagline}}

 

 

Houston Gateway to office stats 2Q 2015Houston Gateway to office stats 2Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=892015-08-21T05:00:00Z

​ HOUSTON - Commercial Gateway, the commercial division of the Houston Association of Realtors (HAR), has released its area office reports for 2Q 2015.

Houston Area Office Market Summary 2Q 2015*
Market
Area
Bldg.
SF**
Vacancy
Rate
Net Absorp.
YTD
Under
Const.
Wtd.
Avg.
Rent***
Suburban 169,189,585 13.2% 2,471,980 9,449,610 $24.58
CBD 40,315,042 9.0% -283,197 1,525,000 $36.90
Uptown 28,932,922 12.8% -413,210 1,383,824 $33.48
Inner Loop 25,081,447 10.0% -519,250 1,025,151 $26.76
Energy
Corridor
18,832,381 9.8% 165,419 1,965,701 $28.78
Houston-Area
Total
209,504,627 12.4% 2,188,783 10,974,610 $26.49


*Top five markets ranked by SF.
**Includes all general-purpose existing industrial buildings 20,000 sf or larger.
***Rental rates are weighted and averaged based on available space.

Source: Commercial Gateway

Also see Houston Market Research with quarterly reports and Houston NewsTalk.

Houston Association of Realtors
Houston-The Woodlands-Sugar Land
Office
https://www.recenter.tamu.edu/news/newstalk-texas/?Item=89Read more at {Source}

 Search NewsTalk Texas