Houston Office MarketView Q1 2019

During Q1 2019, top leasing transactions totaled 36% more square feet than Q1 2018. This activity was concentrated in the CBD (31%), Energy Corridor (30%), North Houston (22%), and West Loop / Galleria (14%).  87% of tenants leased Class A properties. While no office space was delivered during Q1 2019, the construction pipeline added Park Place River Oaks, a 207,000 sq. ft. office tower in the West Loop / Galleria submarket. Total space under construction increased to 2.4 million sq. ft. Click to read more at www.cbre.us.