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Report: Houston's office
market on a roll
According to an article in the
May 11th 2007 issue of the Houston Business Journal, Houston's
office market is quite busy and "The report also found that
demand for property caused prices to increase, marking the
seventh consecutive increase for overall rental rates in all
classes."
Not listed in the article is
where you can find office space that is conveniently and
centrally located, that has not increased it's rates.
4151 Southwest Freeway is the place! We are centrally
located just inside loop 610 with access to both the southwest
freeway and Westpark. Our building was recently renovated
in 2003, our management is located on-site so if you have a
question or concern just knock on our door. We offer
suites from 500 - 6000 sqft. Other amenities include free
building conference room available to tenants, courtesy guard
and electronic CCTV surveillance,
high speed internet readily
available and FREE COVERED PARKING. For a list of our
amenities click
here.
More from the article...
Houston's office market absorbed more than 2 million square feet
during the first quarter of 2007 for the second time in 12
months, according to O'Connor & Associates.
According to the Houston-based real estate consulting firm's
Houston Office Performance Update, the 2.1 million square feet
included 943,628 square feet of Class A space, with the
strongest absorption -- 270,370 square feet -- in the Park 10
sector; 984,512 square feet of Class B space, led by the
Galleria sector's 340,466 square feet absorbed; and 171,944
square feet of Class C space. Class D remained relatively stable
with 2,169 square feet absorbed. See entire article,
click here |
