In a sign of possible turnaround for Houston's still-struggling office market, the sector has clocked its first quarter of positive net absorption since the coronavirus pandemic began. But CRE analysts warn it is too soon to definitively say office is on the comeback trail.
“While Houston remains a tenant-friendly market, Q4 saw some positive developments for office owners," CBRE Houston Office Occupier Executive Vice President Kevin Kushner said in a statement accompanying the company's latest office report, one of several Q4 updates released over the past week. "Oil and gas prices are holding steady, which remains… Read the full story here. |