2415 Westheimer is a mixed-use development with 187,000 SF of Class A office located adjacent to River Oaks and other prestigious Houston neighborhoods. The boutique property will feature high-end...
Houston office market leasing transaction volume was down in Q3, but so was overall availability.
The office market in Houston continues to recover, as the Houston economy remains strong, and companies make big real estate deals.
Office leasing activity in Houston shows positive signs, as businesses look towards high-quality office spaces, according to industry firm Savills.
The health insurance company is expanding in Houston, signing an 11.5-year lease on a building between the Westwood and Sharpstown neighborhoods in Houston.
Houston office market sees uptick in leasing for second consecutive quarter
Williams Tower · 2800 Post Oak Boulevard ; For Lease : 549,425 sqft, Lease Price : Contact Broker For Pricing
According to a new Savills report, the Houston office market saw an uptick in leasing activity in the first quarter of 2024.
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The end of 2023 marked a new bottom for Houston's commercial real estate sector. Office leasing activity dropped by roughly 35 percent in Q4 compared to the previous quarter—the slowest it's been in five years—per the latest report from industry research firm Savills. The decline fits into a larger trend as 2023 saw a 12-percent overall drop in leasing activity compared to 2022. This is in part due to prospective tenants' increased wariness, Savills Research Manager Deandre Prescott told Bisnow's Maddy McCarty. Companies want to make sure l ...