... 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 ...
... 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 ...
... represents a 5.7% decrease from last year, however. Available sublease space fell substantially compared to Q1 2023, from 7.5M ...
... Oxford Partners represented Very Best of Texas Inc. in the sublease of 46K SF at 7350 Langfield Road in Houston. Oxford ...
... 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 ...
... 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 ...
... leased Four Westlake before placing the entire building up for sublease in July 2016. BP’s lease in the building was ...
... Shell at 910 Louisiana St. in 2017, Houston’s largest sublease deal ever at the time. Shell’s lease expires in ...
... 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 ...
... Sugar Land since the 1980s. *** Partners Real Estate arranged a sublease of 53K SF for Patterson-UTI Energy at 10713 West ...
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