Office Building That Housed Energy Giants Sells At Massive Loss
... from under. Three Westlake struggled to find a tenant to sublease vacant space as early as 2017, according to the Houston ...
... from under. Three Westlake struggled to find a tenant to sublease vacant space as early as 2017, according to the Houston ...
... . More than three years ago, ConocoPhillips added 222K SF of sublease space to the market. Its lease is set to expire ... the entire 504K SF Four Westlake Park building on the sublease market in July 2016. The lease expires in June 2023 ...
... The Woodlands. That massive space is now available as a sublease, and Howard Hughes Corp. is marketing it heavily, the Houston ...
... is 69% leased with 502K SF available between direct and sublease space. Built in 1984, 1600 Smith St. offers coworking outdoor ...
... at Tech Space, Mike Fransen thinks we can avoid flooded sublease markets. Without smaller, short-term leases like those being offered ... they can chew, eventually spitting it back out on the sublease market.
... has yet to translate to notable deal volume.” And though sublease availability declined for the first time since the onset of ...
... that is overblown. Almost half of sublease space is still occupied. Rand pointed out that sublease space isn't an economic loss ...
... % from 2016, anchored mainly by mega-deals like Houston Center. Sublease inventory decreased for the fourth consecutive quarter to 10.4M ... oil's downturn in 2014. While the steady decrease in sublease space is encouraging, the Houston market still has a long ...
... of square feet were returned to the market, either for sublease or direct lease. Since then, energy companies have been highly ...
... quarter, according to Avison Young’s Houston quarterly office report. Sublease space decreased by 600K SF, a 10.2% drop from ...