... market has been defined by low oil prices and abundant sublease space. With the oil downturn approaching its third year, how ... has sublease space shaped up? New data from JLL breaks it down ...
... at 1800 West Loop S on the sublease market. ChaiOne, a Houston-based tech startup ... arm. The Company of Others hopes to sublease the remaining 6k SF to a company ... but decided to snap up the Galleria-area sublease instead. The Schlumberger property is now on ...
... 155% Largest Block: 242k SF Sublessor: Conoco Listed: March 2015 Sublease space: 1.9M SF Increase from YE 2014: 741k SF ... Sublessor: Phillips 66 Listed: June 2015 Westchase has increased its sublease offerings a whopping 291% since the first half of 2015 ...
... you might think. NAI Partners’ Nat Holland says sublease availability can increase under both weakening and strengthening markets ... predictor of asking rents or overall fundamentals. In fact, sublease space increased in 2009 as tenants contracted, but it ...
Add to the sublease tally: Marathon Oil put 81k SF from Marathon Oil Tower’ ... on vacant space. (Shell just put 350k SF up for sublease, and BHP Billiton is listing 331k SF in Four Oaks ...
... Paul Frazier told us that he believes sublease blocks with lots of term left will ... by Colvill shows that 61% of available sublease space has less than five years remaining. ... up to 5.4M SF of office sublease space available (only counting blocks over 20k ...
... of office space spread across two Downtown buildings onto the sublease market. The company's oil & gas division has roughly 355k ...
Data from Transwestern shows the eight largest subleases expiring in the next two years total over 1.5M SF of potential direct vacancy. Half of them are owned by either ExxonMobil or Phillips 66, and all but one are energy tenants. Three Greenspoint ...
... space laced with amenities. With north of 10M SF of sublease space on the market, things are getting very complicated. Pat ... up the leases...the pitfalls are many. Chip adds that sublease deals are also often very dependent on both parties' credit ...
... The Houston Central Business District has the highest concentration of sublease space in the Houston area — and the nation. JLL ... thinks we will start to see a decrease in sublease inventory soon thanks to increasing transaction volume and lease expirations ...
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