Houston’s Partners Real Estate Leases Bigger HQ After Doubling Its Size
... Four Oaks Place. That space totals 24K SF and the sublease is up in March 2025, according to Partners. “We have ...
May 23, 2024
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News
KBS Says Houston Energy Corridor Building Has Lost 15% Of Its Value In A Year
... effect of the coronavirus pandemic and an increase in available sublease space in the building as the reasons for the lower ... property’s largest tenant decided to market 84K SF for sublease. That resulted in a significant reduction in value because of ...
Jan 27, 2021
News
Houston Catches A Rebound, But Not A Recovery
... 17.4% in Q2 as several large sublease terms expired, adding more than 600K SF ... removal of expired listings and increased sublease transactions, available sublease rose to 11.1M SF as ... more than 1M SF of new sublease listings were added this quarter. The ...
Jul 20, 2017
News
Houston Office Market Continues Flight Westward — And Mostly To New, Amenity-Stacked Buildings
... represents a 5.7% decrease from last year, however. Available sublease space fell substantially compared to Q1 2023, from 7.5M ...
Apr 01, 2024
News
This Week's Houston Deal Sheet: New 16K SF Medical Office Building Secures First Tenant
... Oxford Partners represented Very Best of Texas Inc. in the sublease of 46K SF at 7350 Langfield Road in Houston. Oxford ...
Mar 15, 2024
News
Houston’s Net Absorption Still Negative, But Pipeline Is Emptying
... negative in this quarter to date, largely because of sublease openings. New data from NAI Partners shows that 151k ... of absorption helped counteract 322k SF of negative sublease absorption. Total vacancy with sublease space sits just less than 20%, slightly ...
Mar 06, 2017
News
Even Half-Off Discount Fails To Generate Foreclosure Buyer For Energy Corridor High-Rise
... leased Four Westlake before placing the entire building up for sublease in July 2016. BP’s lease in the building was ...
Oct 13, 2023
News
NRG Energy Is Latest Houston Firm To Downsize As It Signs New HQ Lease
... Shell at 910 Louisiana St. in 2017, Houston’s largest sublease deal ever at the time. Shell’s lease expires in ...
Oct 03, 2023
News
As Normalcy Returns To Houston, City Looks To Understand Long-Term Effects
... office market has been defined by a glut of sublease space, which CBRE expects to decline. In addition ... -term leases taking sublease space, some direct tenants previously marketing sublease space have removed their sublease availabilities from the market ...
Sep 11, 2017
News
This Week's Houston Deal Sheet
... Essentia had been in temporary office space and was seeking sublease space in the central business district, said Savills Studley ... “While there is approximately two million square feet of sublease space actively being marketed, the majority are full floors ...
May 15, 2018
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