Colliers International | Houston

Triten Real Estate Partners has awarded Colliers the retail leasing assignment for The Mill, a mixed-use development located in Houston's East End District. Wade Greene and Hannah Tosch of Colliers will lead the assignment.

Key Takeaways Office posts negative absorption and vacancy increasesMedical office vacancy is down quarterly and annuallyIndustrial records positive absorption and vacancy dropsRetail records positive net absorption and vacancy falls Office Highlights...

Our last report on this topic was July 2021, when we experienced a huge surge in construction costs and delays.

Key Takeaways Vacancy continues to decreasePositive absorption recordedRental rates increased 2.0% annually2022 leasing activity up 24% annually Houston Highlights Houston's vacancy rate decreased 50 basis points from 5.6% to 5.1% over the quarter as...

Key Takeaways Occupancy remained at 91.4%Absorption increased 72% over the quarterAverage rents rose over the year and over the quarterThe quarterly median sales price and cap rates dropped Houston Highlights Demand for multifamily housing increased...

"Capital flows are still robust for industrial assets despite some near-term headwinds as the sector continues to show strength on the user (leasing) demand side and reasonable new construction pipelines.

"The office market, more than any other sector, is still dealing with occupiers grappling with long-term adjustments brought on by work-from-home shifts in the workforce and short-term concerns over the direction of the economy.

The first quarter in the Austin industrial market continued what were well-established trends at the end of 2021.

Activity has picked up tremendously over the past quarter, with a continued emphasis on newer product in the city core.

Key Takeaways Occupancy remained at 91.5%Absorption dropped by more than half over the quarterAverage rents rose over the year and over the quarterThe quarterly median sales price and cap rates dropped Houston Highlights Demand for multifamily housing...