The sublease space is very consolidated in a few ... the energy-heavy areas are getting the brunt of sublease space (check out CBRE’s geospational heat map ... of improvement—that’s when most of the existing sublease listings will move to the direct market, and ...
... had stabilized in recent quarters, she said. Houston has 10 sublease blocks of at least 90K SF available, and six belong ... report. Exxon Mobil Corp. alone has 206K SF listed for sublease on the fourth through 10th floors of 1725 Hughes Landing ...
... will probably last as long as sublease and other availability remains elevated, he said. Available sublease space sat at 5.5M ... earlier but still relatively high, Prescott said. While the sublease space decreased, most of 2023’s major deals leased direct ...
... late 2014 and 2015 flooded Houston’s office market with sublease space, as oil and gas firms rapidly downsized. Since ... own campuses, and from a security standpoint, are unlikely to sublease space, but those that are leasing additional facilities off-campus ...
... availability increased to 23%, while total availability, including sublease space, increased to 25.3%. Those figures account ... occupancy rates, especially as competition increases from additional sublease space in the market.” Leasing activity is slowly ...
... another tech center, had 5.5M SF for sublease, an 18% increase since March. Chicago ... an 8% increase. “Space offered for sublease is a highly fluid and difficult-to- ... But the general increase in space offered for sublease amid the pandemic is to be expected. ...
... city can boast it has the smallest sublease availability of all 12 markets. Houston's Sublease Availability Index stood at 95, 86 ... points below the U.S. average of 181. Even so, sublease inventory is at historic highs in Houston as companies wrestle ...
... 511K SF distribution facility at 7525 Sutton Road up for sublease, the article states.
... 350M SF of office space is available for sublease. McDermott International’s decision to sublease 293K SF at Energy Center V to ...
... availability rates to increase further in 2021, driven by more sublease space hitting the market and some firms opting to downsize ... will be able to offset the anticipated increase in both sublease and direct lease space. “I believe there will be more ...
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