Houston’s industrial market charges ahead as office lags

Houston’s office market continues to struggle, while the super-charged industrial sector barrels forward with bigger deals in the pipeline.

“The major oil and gas companies have not started expanding,” Dan Boyles, office tenant representation group partner for NAI Partners, said at a quarterly press update. “We hope they’re done giving space back.”

Companies that are signing deals frequently take less space than they had before, brokers said during the Tuesday event.

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