Colliers International | Houston

Colliers Valuation & Advisory Services is proud to announce the appointment of Clint Bogart as Executive Managing Director, leading a team of esteemed valuation professionals.

Key Takeaways Vacancy up QoQ, but down 130 bps YoYAverage rental rates riseNet absorption turns negative, remains positive YTDConstruction levels lowLeasing activity slows QoQ Highlights The Woodlands office submarket's vacancy rate increased 40 basis...

"Although vacancy and absorption has remained relatively stable over the past few quarters, leasing activity during Q3 jumped more than 15% from the previous quarter as retailers continue to secure their positions in the Houston market.

Colliers is pleased to announce the lease execution of Cooking Girl, a Sichuan-inspired restaurant located at 414 Travis Street in the heart of Downtown Houston, Texas, adjacent to Market Square.

Cravens Logistics Center, a Class A distribution building developed by Johnson Development Associates, has fully leased 249,370 square feet of space with two tenants at 525 South Cravens Road in Missouri City, Texas.

Colliers has facilitated the lease of 37,000 square feet of industrial warehouse space for Circle Clothing in the Sugar Land Corporate Center located at 1631 Gillingham in Sugar Land, Texas.

"As the global economy faces growing headwinds, construction levels throughout Greater Houston have slowed.

Colliers is pleased to announce the sale of a ±15,000 square foot building on ±2.38 acres at 13347 Pike Road in Stafford, Texas. The buyer, TDE Holdings, was represented by A. J. Williams of Partners.

"Houston's office market fundamentals reversed course during the third quarter with decreased leasing activity and rising vacancy.

Colliers is pleased to announce the NNN lease of Class A office space in Saint James Place at 1885 Saint James Place in Houston, Texas. The landlord, Saint James Place Partners, was represented by Chrissy Wilson and Jack Russo of JLL.