Are We There Yet? Houston’s Office Sector Still On The Slow Road To Recovery
Houston’s office market continues to fight against weak leasing activity, rising vacancy, softening rental rates and growing sublease space.
Since the end of 2014, leasing activity in Houston has surpassed four million square feet just twice in 14 quarters. In contrast, from the third quarter of 2011 to the fourth quarter of 2014 leasing activity surpassed four million square feet in every quarter and even eclipsed five million square feet five…
