2016 vs. 2015 Houston Sublease Activity
Lately, Houston's office market has been defined by low oil prices and abundant sublease space. With the oil downturn approaching its third year, how has sublease space shaped up? New data from JLL breaks it down.
Subleases Signed
2015: 181
2016: 280
Leases Above 10K SF
2015: 30
2016: 61
Leases Above 20K SF
2015: 16
2016: 25
Total Space Leased
2015: 1,287,308 SF
2016: 2,028,685 SF