Colliers International | Houston

"Tenants and landlords are struggling with an environment where construction is much more complicated than it was previously. Both pricing and timing are harder to forecast.

Key Takeaways Vacancy decreased annually and quarterlyYear-end absorption is positiveConstruction and deliveries are up year over yearRental rates rose quarterly and annually   Houston Highlights Houston's medical office building (MOB) market posted.

Key Takeaways Occupancy up quarter over quarter and annuallyAbsorption more than doubled in 2021 when compared to 2020Average rents rose over the year and over the quarterMedian and average sales price rose and cap rates compressed Houston Highlights...

It's a weird market. The majority of office buildings throughout the city still feel relatively under occupied (sub 40% in the suburbs and sub 25% in the CBD), yet leasing activity is robust.

The last three quarters of 2021 brought a flurry of leasing and sales activity, resulting in Houston finishing the year as the nation's hottest retail market.

Despite adding approximately 25 million square feet of new industrial space in 2021, the market took it in stride and managed to absorb a record 28.5 million feet and drive the vacancy rate down to 7.1%.

Q4 2021 | Houston Office Commercial Real Estate Research & Forecast Report

280 Unit, Class A multifamily investment asset sold in northwest San Antonio

144 unit apartment complex in Houston, Texas Colliers is pleased to announce the sale of Woodstone Manor Apartment Homes located at 10250 Lands End in Houston, Texas. Bob Heard, Chip Nash and J.

Colliers is pleased to announce the sale of Stone Gate Center, a 11,625 square foot five-unit retail property located at 11700 Barker Cypress Road in Cypress, Texas. The buyer, Tomball Best Food, was represented by Dawn Askew of Republic Central Realty.