Houston named a ‘risky bet’ for office investors

A report from Silicon Valley-based Ten-X LLC, an online real estate marketplace, has dubbed Houston the No. 1 “sell” market in the nation.

The report ranked the top U.S. markets in terms of whether office investors should buy or sell assets. Houston is among Cleveland, suburban Maryland, Memphis and Milwaukee as cities that are being “undermined by weakening labor markets” that’s slimmed down office space demand and office absorption rates, according to the report.

Click to view more at Houston Business Journal.