Though the omicron variant is once again delaying the plans of some companies still considering sending employees back to the office, Houston commercial real estate experts say they are largely no longer feeling weighed down by the pandemic. Going into 2022, the commercial real estate industry is cautiously optimistic about the year ahead, predicting even the lagging office market will see improvement, with some already seeing activity reach 2019 levels or better. Experts are also predicting 2022 will bring the continued revival of retail and a new focus on green building and technology to attract and retain talent.
In a rapidly changing market still dealing with Covid-19, Bisnow spoke to several real estate professionals in Houston to get an idea of what they might be expecting coming into the new year.OfficeWhile the Houston office market appears to be stabilizing somewhat, CRE professionals predict its growth may still be flat… Read the full story here. |