Sentences with phrase «sublease space coming»

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.

Not exact matches

There will likely be more sublease office space coming on the market soon as «at least one major tech firm» is looking to relocate its offices, noted Cushman.

Office spaces come in a variety of options, but subleasing a space in someone else's office is -LSB-...]

No new buildings are likely to be announced in the short term due to the vacant space created by tenants relocating to new buildings, as well as some large sublease spaces that have come on line.

Sublease space in the city's top office sub-markets is now more than double the average inventory, with about 587,000 sq. ft. coming on - line monthly.

Oil companies trying to stem losses have shrunk personnel and put sublease space on the market, but demand for the space just isn't there, with available subleases coming to market five times faster than new leases are being signed, according to a recent JLL report on Houston.

Commercial Realtors should consider targeting their efforts toward subleasing, particularly office and warehouse space, as the opportunities in these markets are expected to be more prevalent in the coming months.

The downtown office vacancy rate came down to 17.2 percent at the end of 2005 from 17.6 percent at midyear, and sublease space is being absorbed despite the addition of new buildings, Mattox said.