Oil and gas firms having to downsize or merge are now offering 22.6 million sq. ft. of sublease space in the top seven North American markets, almost double the 10 - year average, according to a recent JLL report. (nreionline.com)
CoStar also measured a rise in sublease space in the market. (nreionline.com)
Citywide, available sublease space increased over the quarter from 8.8 million SF to 9.0 million SF, or 3.8 % of Houston's total office inventory. (coydavidson.com)