Friday, February 15, 2008

HOUSTON CBD TOPS NATION IN OFFICE RENT GROWTH

While office vacancy rates nationwide are on the increase, Houston has found an impressive absorption rate as of late. In other markets, now may be the time to seek new, under-priced space or purchase that office condo instead of renting.

Office rent in downtown Houston increased 52.4% year-over-year in 2007 – the greatest gain of any central business district in the nation, according to Colliers International. [...more...]


Powered by ScribeFire.

No comments: