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Expect turbulence for Houston over the next 12 to 18 months. Greater Houston Partnership SVP Patrick Jankowski told SIOR this month that the loss of manufacturing jobs and more than 10M SF of office space on the sublease market will impact industrial and office real estate. But there are bright spots: Hospitality, medical and retail development are strong, and Patrick believes the overall diversity of Houston's economy will pull us through. His jobs forecast is pretty cheery, too: He told the crowd that we could add as many as 30,000 new jobs this year.
SIOR turned over its board this month. Here's Colliers' Walker Barnett receiving the gavel of presidential power from immediate past president Boyd's Andy Sowell. Other board members include Jeff Lindenberger, Travis Land, Keith Bilski and Dylan Schopper.
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