Not exact matches
The outlook for 2016 is expected to be extremely slow in Houston, with rising
vacancies, flat or even declining rents and a heavy load of space still
left to
absorb due to a high volume of sublease space coming back to the market and a wave of new construction completions.
New renters
absorbed roughly the same net number of apartments,
leaving the
vacancy rate at 4.2 percent, the same as in the fourth quarter, according to Reis.
Much of the big - box space that was vacated due to consolidations and bankruptcies has been
absorbed, although recent
vacancies include three Computer City stores and six stores
left empty by Montgomery Ward & Co..