Can I read Houston Office Market Q1 2020 Report on EtoBox?

Houston Office Market Q1 2020 Report by Kevin Parker is a document available to read on EtoBox.

What is Houston Office Market Q1 2020 Report about?

The Houston office market vacancy rate increased to 21.5% in Q1 2020, up from 21.3% in Q4 2019. Net absorption was negative 207,280 square feet as Class A properties saw positive absorption while Class B saw negative. Approximately 42% of the 3.4 million square feet under construction has been pre-leased. The broker notes that while the numbers still show an unrecovered market, the current downturn due to COVID-19 and the oil price war will have different supply and demand conditions than the 1980s downturn

Author

Kevin Parker

Language

EN