DOCSLIB.ORG

Market Trends Report Harris County Appraisal District 2015 Market Trends Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Market Trends Report Harris County Appraisal District 2015 Market Trends Report Harris County Appraisal District 2015 Market Trends Report Harris County Appraisal District 2015 Market Trends Report Table of Contents Residential Property ................................................................................ 1 Sales Volume Update .............................................................................................1 Sales Price Update ..................................................................................................2 Inventory Update ....................................................................................................2 Lease Property Update............................................................................................3 Summary of Houston Real Estate Milestones in 2014 ........................................... 3 Looking Forward ....................................................................................................4 Commercial Property .............................................................................. 6 Vacant Land ............................................................................................................6 The Central Business District....................................................................................... 6 Uptown District / Galleria ............................................................................................ 9 Inner Loop .................................................................................................................. 12 Midtown ............................................................................................................................ 12 Montrose ........................................................................................................................... 13 Upper Kirby ...................................................................................................................... 13 Washington Avenue .......................................................................................................... 15 The Outer Loop .......................................................................................................... 18 Katy ............................................................................................................................ 19 The Energy Corridor .................................................................................................. 20 The Grand Parkway .................................................................................................... 23 Cypress Fairbanks ISD ............................................................................................... 24 Tomball ISD ............................................................................................................... 26 Spring ISD / ExxonMobil Campus ............................................................................ 27 Humble / Kingwood ................................................................................................... 29 Clear Creek ISD ......................................................................................................... 30 Sales ........................................................................................................................... 31 Summary .................................................................................................................... 32 February 10, 2015 i Harris County Appraisal District 2015 Market Trends Report Office ....................................................................................................................33 Inventory Analysis ..................................................................................................... 34 Construction Activity and Deliveries ......................................................................... 35 Net Absorption and Leasing Activity ........................................................................ 37 Vacancy ...................................................................................................................... 38 Rental Rates ............................................................................................................... 38 Sales Activity ............................................................................................................. 39 Capitalization Rates ................................................................................................... 39 Summary .................................................................................................................... 40 Apartments ............................................................................................................40 Rental Rates ............................................................................................................... 41 Market Trends ............................................................................................................ 42 New Construction ....................................................................................................... 44 Summary .................................................................................................................... 47 Retail .....................................................................................................................48 Net Absorption ........................................................................................................... 48 Market Occupancy ..................................................................................................... 49 Largest Lease Signings .............................................................................................. 49 Rental Rates ............................................................................................................... 49 Inventory & Construction .......................................................................................... 49 Sales Activity/Capitalization Rates ............................................................................ 49 Detail by Property Type ............................................................................................. 50 Shopping Centers .............................................................................................................. 50 Power Centers ................................................................................................................... 50 General Retail Properties .................................................................................................. 51 Specialty Centers .............................................................................................................. 51 Malls ................................................................................................................................. 51 Summary .................................................................................................................... 51 Medical .................................................................................................................52 The Texas Medical Center ......................................................................................... 52 Demographics: Driving Demand ............................................................................... 54 February 10, 2015 ii Harris County Appraisal District 2015 Market Trends Report Medical Office Buildings ........................................................................................... 56 Hospitals ..................................................................................................................... 58 Nursing Homes and Retirement Homes ..................................................................... 60 Economic Uncertainties ............................................................................................. 62 Summary .................................................................................................................... 63 Hotels and Motels .................................................................................................63 Texas Lodging ............................................................................................................ 64 Revenue Growth ............................................................................................................... 64 Room-Nights sold ............................................................................................................. 64 Revenue per Available Room (RevPAR) ......................................................................... 64 Occupancy......................................................................................................................... 64 Supply Below Demand Growth ........................................................................................ 64 Houston Lodging ........................................................................................................ 64 Developments ............................................................................................................. 64 Summary .................................................................................................................... 65 Golf Courses .........................................................................................................65 New Construction ....................................................................................................... 66 Summary ...................................................................................................................
Load more

Recommended publications
  • Downtown Development Project List
    DOWNTOWN DEVELOPMENT This list provides details on all public and private sector construction projects in Downtown Houston since 1995. Costs are estimated or otherwise not available. Under Construction Harris County Jury Assembly Plaza Reconstruction of the plaza and pavilion including relocation of electrical vault. Address 1210 Congress St. Developer Harris County Estimated cost $11.3 million Est. completion 3Q 2021 Website Harris County Clerk McKee City Living 4‐story, 120‐unit affordable‐workforce housing. Address 626 McKee St. Developer Gulf Coast Housing Partnership Estimated cost $29.9 million Est. completion 4Q 2021 Website McKee City Living UHD Student Wellness & Success 72,000 SF student fitness and recreation facility. Address 315 N Main St. Developer University of Houston Downtown Estimated cost $38 million Est. completion 2Q 2022 Website UHD Student Wellness & Success Center JPMorgan Chase & Co. Tower Reframing and renovations of the first and second floor lobbies, tunnel access and the exterior plaza. Address 600 Travis St. Developer Hines Estimated cost $2 million Est. completion 3Q 2021 Website JPMorgan Chase & Co Tower Frost Town Brewing Reframing and 9,100 SF brewing and taproom serving locally inspired beers Address 600 Travis St. Developer Hines Estimated cost $2.58 million Est. completion 3Q 2021 Website Frost Town Brewing Moxy Hotel by Marriott Redevelopment of the historic office building at 412 Main St. into a 13‐story, 119‐room hotel. Address 412 Main St. Developer InnJoy Hospitality Estimated cost $4.4 million P Est. completion 2Q 2022 Website Moxy Marriott Hotel V = Estimated using the Harris County Appriasal Distict public valuation data, January 2019 P = Estimated using the City of Houston's permitting and licensing data Updated 07/01/2021 Harris County Criminal Justice Center Improvement and flood damage mitigation of the basement and first floor.
    [Show full text]
  • Case 2:11-Cv-00407-DF Document 1 Filed 09/14/11 Page 1 of 8 Pageid #: 1
    Case 2:11-cv-00407-DF Document 1 Filed 09/14/11 Page 1 of 8 PageID #: 1 IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS MARSHALL DIVISION LBS INNOVATIONS LLC, § § Plaintiff, § § v. § Civil Action No. § BP AMERICA INC.; § CONOCOPHILLIPS § DBA CONOCOPHILLIPS INC.; § Jury Trial Demanded CHOICE HOTELS INTERNATIONAL, INC.; § COSTCO WHOLESALE CORPORATION; § HYATT CORPORATION; § KEYCORP; KEYCORP FINANCE INC.; § MARRIOTT INTERNATIONAL, INC.; AND § MCDONALD‟S CORPORATION, § § Defendants. § PLAINTIFF’S COMPLAINT FOR PATENT INFRINGEMENT Plaintiff LBS Innovations, LLC files this Complaint against BP America Inc.; ConocoPhillips dba ConocoPhillips Inc.; Choice Hotels International, Inc.; Costco Wholesale Corporation; Hyatt Corporation; KeyCorp; KeyCorp Finance Inc.; Marriott International, Inc.; and McDonald‟s Corporation (collectively the “Defendants”) and alleges as follows. PARTIES 1. Plaintiff LBS Innovations LLC (“LBSI”) is a New Jersey Limited Liability Company with its principal place of business at 53 Ramapo Mountain Drive, Wanaque, New Jersey 07465. 2. Upon information and belief, Defendant BP America Inc. (“BP”) is a corporation organized and existing under the laws of the State of Texas, with its principal place of business PLAINTIFF‟S COMPLAINT FOR PATENT INFRINGEMENT Page 1 Case 2:11-cv-00407-DF Document 1 Filed 09/14/11 Page 2 of 8 PageID #: 2 located at 501 Westlake Park Boulevard, Houston, Texas 77079. BP may be served with process through its registered agent CT Corporation System, 350 N. St. Paul St., Suite 2900, Dallas, Texas 75201. 3. Upon information and belief, Defendant ConocoPhillips dba ConocoPhillips Inc. (“ConocoPhillips”) is a corporation organized and existing under the laws of the State of Texas, with its principal place of business located at 600 N.
    [Show full text]
  • SC17/TG08: Task Group on Completion/Workover Risers (17G)
    SC17/TG08: Task Group on Completion/Workover Risers (17G) December 11, 2015 Chair Brian Skeels FMC Technologies Ph: 281 591-4333 Manufacturer 5875 N. Sam Houston Pkwy W. Fax: 281 405-4643 Houston, Texas 77086 [email protected] Co-Chairs Tony Muff FMC Technologies Ph: 47 3328-8865 Manufacturer Box 1012 Fax: 47 3228-6750 N-3601, Kongsberg [email protected] Norway Ray Stawaisz Chevron Corporation Ph: 832 854-3225 Operator-User 1500 Louisiana Street Fax: 832 854-3210 Room 12-092B [email protected] Houston, Texas 77002 Member Joe Scranton AlTiSS Technologies Ph: 832 288-5972 Contractor 3838 N. Sam Houston Pkwy, 430 Fax: 281 265-2818 Houston,Texas 77583 [email protected] Gary Rytlewski Retired - Schlumberger Ph: 832 573-6738 Consultant 4757 Oakmont Court League City, Texas 77573 [email protected] Brian Saucier Ph:713 817-6051 Consultant 95 Robindale Circle Fax: Conroe, Texas 77384 [email protected] Jim Miller Chevron Corporation Ph: 832 854-4811 Operator-User 1600 Smith Street, Fax: 832 854-3210 Room 33094A [email protected] Houston, Texas 77002 Richard Cummings Chevron Corporation Ph: 713 754-3196 Operator-User 1600 Smith Street, Fax: 832 854-3210 Room 33094C [email protected] Houston, Texas 77002 Paul Deacon Expro Group Ph: 44 1224-225-856 Contractor Lion House Fax: 44 1224-225-868 Dyce Avenue [email protected] Aberdeen, Scotland AB21 0LQ United Kingdom Jamie Walker Expro Group Ph: 44 1224-225-788 Contractor Lion House Fax: 44 1224-225-868 Dyce Avenue [email protected] Aberdeen, Scotland AB21 0LQ United Kingdom Finn Kirkemo Statoil Ph: 47-9012-7901 Operator-User Martinshaugen 30, Fax: 3408, Tranby [email protected] Norway Send updates to [email protected] 1 SC17/TG08: Task Group on Completion/Workover Risers (17G) December 11, 2015 Member Lorents Reinås Statoil Ph: 47-9115-3047 Operator-User Forus Øst, H2 Fax: 4035, Stavanger [email protected] Norway Tore Geir Wernø Statoil Ph: 47 9522-5568 Operator-User Forus Øst, H2 Fax: 4035, Stavanger [email protected] Norway Mirick Cox ExxonMobil Production Co.
    [Show full text]
  • CITY of HOUSTON Archaeological & Historical Commission Planning and Development Department
    CITY OF HOUSTON Archaeological & Historical Commission Planning and Development Department LANDMARK DESIGNATION REPORT LANDMARK NAME: Melrose Building AGENDA ITEM: C OWNERS: Wang Investments Networks, Inc. HPO FILE NO.: 15L305 APPLICANT: Anna Mod, SWCA DATE ACCEPTED: Mar-02-2015 LOCATION: 1121 Walker Street HAHC HEARING DATE: Mar-26-2015 SITE INFORMATION Tracts 1, 2, 3A & 16, Block 94, SSBB, City of Houston, Harris County, Texas. The site includes a 21- story skyscraper. TYPE OF APPROVAL REQUESTED: Landmark Designation HISTORY AND SIGNIFICANCE SUMMARY The Melrose Building is a twenty-one story office tower located at 1121 Walker Street in downtown Houston. It was designed by prolific Houston architecture firm Lloyd & Morgan in 1952. The building is Houston’s first International Style skyscraper and the first to incorporate cast concrete cantilevered sunshades shielding rows of grouped windows. The asymmetrical building is clad with buff colored brick and has a projecting, concrete sunshade that frames the window walls. The Melrose Building retains a high degree of integrity on the exterior, ground floor lobby and upper floor elevator lobbies. The Melrose Building meets Criteria 1, 4, 5, and 6 for Landmark designation of Section 33-224 of the Houston Historic Preservation Ordinance. HISTORY AND SIGNIFICANCE Location and Site The Melrose Building is located at 1121 Walker Street in downtown Houston. The property includes only the office tower located on the southeastern corner of Block 94. The block is bounded by Walker Street to the south, San Jacinto Street to the east, Rusk Street to the north, and Fannin Street to the west. The surrounding area is an urban commercial neighborhood with surface parking lots, skyscrapers, and multi-story parking garages typical of downtown Houston.
    [Show full text]
  • Availabilities
    AVAILABILITIES SOUTH TOWER NORTH TOWER 711 LOUISIANA 700 MILAM FLOOR 32 - 16,605 RSF FLOOR 29 - 21,382 RSF FLOOR 26 - 21,382 RSF FLOOR 21 - 10,715 RSF FLOOR 19 - 7,707 RSF FLOOR 17 - 4,890 RSF FLOOR 16 - 3,890 RSF FLOOR 14 - 8,348 RSF FLOOR 11 - 10,614 RSF FLOOR 12 - 20,407 RSF FLOOR 10 - 20,346 RSF FLOOR 9 - 20,484 RSF FLOOR 11 - 20,407 RSF FLOOR 8 - 20,531 RSF FLOOR 10 - 9,375 RSF FLOOR 7 - 20,429 RSF FLOOR 9 - 20,407 RSF FLOOR 8 - 20,426 RSF FLOOR 7 - 20,442 RSF FLOOR 6 - 20,458 RSF FLOOR 2 - 20,520 RSF LOBBY - 4 Spaces TUNNEL - 3 Spaces SOUTH TOWER NORTH TOWER LARGEST CONTIGUOUS BLOCK LARGEST CONTIGUOUS BLOCK FLOORS 7-10, Pt. 11: 92,404 RSF FLOORS 6-9, Pt. 10: 91,108 RSF PROPERTY FACTS Address 711 Louisianna (South Tower) | 700 Milam (North Tower) Building Class “A” office property, two (2) thirty-six (36) story towers, totaling 1,421,765 RSF Common Area Factor Approximately 15.0% (multi-tenant floors) / 9.0% (single-tenant floors) Floor Size Approximately 21,500 RSF Lease Rate Negotiable Operating Expenses Estimated 2016 Operating Expenses of $16.10 per rentable square foot Lease Term Negotiable Leasehold Improvement Allowance Negotiable Up to 0.3 spaces per 1,000 square feet leased parking available below the building comprised of 525 spaces. Unreserved $220.00 / Reserved $285.00, plus taxes Parking Up to 1.5 spaces per 1,000 square feet lease parking available in Walker @ Main Garage (tunnel access) comprised of 1,000 spaces.
    [Show full text]
  • Memorial Drive Summaryexecutive Houston, Texas
    INVESTMENT HIGHLIGHTS 15150MEMORIAL DRIVE EXECUTIVE SUMMARY HOUSTON, TEXAS EXECUTIVE SUMMARY Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp a Texas licensed real estate broker (“HFF”). 15150 MEMORIAL DRIVE 1 INVESTMENT HIGHLIGHTS HFF, as exclusive advisor for the Owner, is pleased to offer the opportunity to acquire a 100% fee simple interest in 15150 Memorial Drive (“The Property”), a 155,118 square foot vacant Class A office building and structured parking garage located just west of the intersection of Memorial Drive and Eldridge Parkway in one of the most dynamic areas in Houston. Situated on a wooded 5.7 acre site, 15150 Memorial Drive is the ideal location for corporations seeking a prestigious address within a headquarters quality building in Houston’s Energy Corridor. 15150 Memorial Drive provides an exceptionally rare opportunity to acquire an institutional quality asset with 155,118 square feet of contiguous space in one of the country’s strongest MSA’s at a price well below replacement. INVESTMENT SALES TEAM H. DAN MILLER, CCIM, SIOR Senior Managing Director Phone (713) 852-3576 [email protected] TRENT AGNEW Director Phone (713) 852-3431 [email protected] WESLEY HIGHTOWER Real Estate Analyst Phone (713) 852-3495 [email protected] FOR DEBT INQUIRIES COLBY MUECK Director Phone (713) 852-3575 [email protected] 2 HFF INVESTMENT HIGHLIGHTS INVESTMENT HIGHLIGHTS INVESTMENT SUMMARY ADDRESS 15150 Memorial Drive, Houston, Texas 77079 YEAR BUILT 1992 OFFICE SF 155,118 SITE SIZE 5.7 acres (248,161 SF) OCCUPANCY 0% PARKING RATIO 3.1 per 1,000 SF (ability to expand to 4.4 per 1,000) 4 4 HFF INVESTMENT HIGHLIGHTS EXECUTIVE SUMMARY RARE VALUE-ADD/OPPORTUNISTIC INVESTMENT IN HOUSTON’S ENERGY CORRIDOR DISCOUNT TO REPLACEMENT COST • 15150 Memorial Drive presents investors a very rare opportunity to acquire a Class A office building in • Based on recent land sales in the immediate area of $30-$45 per land square foot and HFF’s data on one of the nation’s most dynamic and resilient submarkets at a price well below replacement cost.
    [Show full text]
  • The Energy Corridor District Land Use & Demographics Report 2017
    SCENARIOS LAND USE & DEMOGRAPHICS 2017 Inventory and Database CDS Community Development Strategies TM The Energy Corridor 2017 Inventory and Database 2 The Energy Corridor 2017 Inventory and Database Table of Contents Table of Contents ........................................................................................................................................... i Table of Exhibits ............................................................................................................................................. i Introduction and Overview ........................................................................................................................... 1 Major Employers ........................................................................................................................................... 3 Land Use ........................................................................................................................................................ 4 Land Use Maps ........................................................................................................................................... 4 Existing Development Summary .............................................................................................................. 10 Multi-Family Housing ............................................................................................................................... 12 Retail ........................................................................................................................................................
    [Show full text]
  • United States District Court District of Columbia
    Case 1:20-cv-01932 Document 1 Filed 07/17/20 Page 1 of 63 UNITED STATES DISTRICT COURT DISTRICT OF COLUMBIA DISTRICT OF COLUMBIA, 441 4th St., N.W., Washington, D.C. 20001, Plaintiff, v. EXXON MOBIL CORP., 5959 Las Colinas Blvd., Irving, TX 75039, EXXONMOBIL OIL CORPORATION, 5959 Las Colinas Blvd., Irving, TX 75039, ROYAL DUTCH SHELL PLC, Carvel Civil Action No. ________ van Bylandtlaan 16, 2596 HR The Hague, The Netherlands, SHELL OIL COMPANY, 150 N. Dairy Ashford, Houston, TX 77079, BP P.L.C., 1 St. James’s Square, London, SW1Y4PD, BP AMERICA INC., 501 Westlake Park Blvd., Houston, TX 77079, CHEVRON CORPORATION, 6001 Bollinger Canyon Road, San Ramon, CA, CHEVRON U.S.A. INC., 6001 Bollinger Canyon Rd., San Ramon, CA 94583, Defendants. NOTICE OF REMOVAL PLEASE TAKE NOTICE THAT Defendants Exxon Mobil Corporation and ExxonMobil Oil Corporation (collectively, “ExxonMobil”), hereby remove this action, currently pending in the Superior Court of the District of Columbia, to the United States District Court for the District of Columbia pursuant to 28 U.S.C. §§ 1331, 1332(a), 1332(d), 1441(a), 1442(a), and 1453(b), and 43 U.S.C. § 1349(b)(1). To the extent any part of Plaintiff’s causes of action can be construed as non- federal, this Court has supplemental jurisdiction over them under 28 U.S.C. § 1367(a) because they form part of the same case or controversy as those causes of action over which the Court has Case 1:20-cv-01932 Document 1 Filed 07/17/20 Page 2 of 63 original jurisdiction.
    [Show full text]
  • Fm 518 B from Fm 270 to Fm 518 Txdot
    RECONNAISSANCE-LEVEL SURVEY REPORT FM 518 BYPASS MIDDLE ALIGNMENT: FROM FM 270 TO FM 518 GALVESTON COUNTY, TEXAS TXDOT CSJ: 0912-37-139 JULY 2008 SUBMITTED TO: QUADRANT CONSULTANTS INC. HOUSTON, TX BY: EMILY THOMPSON PAYNE ARCHITECTURAL HISTORIAN HARDY·HECK·MOORE, INC. 611 S. CONGRESS AVENUE, SUITE 400 AUSTIN, TX 78704-1700 512/478-8014 [email protected] EXECUTIVE SUMMARY This report presents the results of a reconnaissance-level survey of above-ground historic resources constructed in 1965 or earlier that may be affected by construction of the proposed Middle Bypass Alternative for FM 518 in League City, Galveston County, Texas. The proposed FM 518 Bypass would be a four-lane highway, 80-feet wide, which would be constructed along a new alignment. The proposed Middle Bypass Alternative would roughly parallel an existing canal from its intersection with FM 270 (Egret Bay Boulevard) to FM 2094, at which point the proposed roadway would trend south to its terminus at FM 518, a travelling total distance of approximately one mile. The proposed road construction project will be conducted for the City of League City, Texas, which is under contract with Huitt-Zollars Inc. and Quadrant Consultants. The TxDOT Control Section Job (CSJ) No. for the project is 0912-37-139. Based on the Programmatic Agreement for Transportation Undertakings (PATU) among TxDOT, the State Historic Preservation Officer (SHPO), the Federal Highway Administration (FHWA), and the Advisory Council on Historic Preservation (ACHP), the Area of Potential Effect (APE) for the new alignment was 300 feet wide. The survey documented all historic-age resources within the APE, as well as historic-age resources located on parcels of land that extend into the APE.
    [Show full text]
  • Protected Landmark Designation Report
    CITY OF HOUSTON Archaeological & Historical Commission Planning and Development Department PROTECTED LANDMARK DESIGNATION REPORT LANDMARK NAME: The Angelo and Lillian Minella House AGENDA ITEM: IV OWNER: Ben Koush HPO FILE NO.: 06PL20 APPLICANT: Ben Koush DATE ACCEPTED: Feb-13-06 LOCATION: 6328 Brookside Drive – Simms Woods Addition HAHC HEARING DATE: Feb-23-06 30-DAY HEARING NOTICE: N/A PC HEARING: Mar-02-06 SITE INFORMATION Lot 12, Block 6, Simms Woods Addition, City of Houston, Harris County, Texas. The site includes a historic one-story, concrete block residence and concrete block garage. TYPE OF APPROVAL REQUESTED: Protected Landmark Designation for residence and garage. HISTORY AND SIGNIFICANCE SUMMARY The Minella House is a significant example of modern, residential architecture as it evolved in mid- twentieth century Houston. It is significant because of its unusual all masonry construction, contemporary design by Houston architect, Allen R. Williams, Jr. It is an example of the Century Built Homes, variations on a standark design, of which the Minella House seemed to be most fully resolved. Its owners, Angelo and Lillian Minella, owned and operated a plumbing supply company in the East End for decades. HISTORY AND SIGNIFICANCE Lillian and Angelo Minella were originally from the Boston area. Minella worked as a plumber at 366-374 Washington Street in the 1930s in the Brighton Center, Massachusetts commercial area, which had a large Italian-American population.i As late as 1942 Angelo and Lillian were listed in the Essex County City Directory as living on Stanwood Avenue in Gloucester, Massachusetts.ii The Minellas probably left for Texas shortly thereafter.
    [Show full text]
  • Houston's Office Market Weakens Over the Quarter and Braces Itself Moving
    Research & Forecast Report HOUSTON | OFFICE Q1 2020 Houston’s office market weakens over the quarter and braces itself moving forward amid $20 oil Lisa Bridges Director of Market Research | Houston Commentary by Patrick Duffy MCR Market Indicators Annual Quarterly Quarterly Colliers generally uses this space to discuss the trends we see Relative to prior period Change Change Forecast* in market data and in conversations we have with our clients, prospects and friendly competitors. We take that data and attempt VACANCY to project activity going forward. The bulk of the first quarter was, NET ABSORPTION for all practical purposes, pre-COVID. Net “move-in” data, as well as new leases signed, were likely unimpacted for Q1 based on the DELIVERIES virus or only marginally impacted. Our industry has a lead time of UNDER CONSTRUCTION at least 4-6 months before a lease is signed or space made ready for occupancy. The real impact of this COVID crisis will not present *Projected in the data until later in Q2. Inertia will carry us for a few more weeks. The world is focused on the COVID driven economic slowdown. Houston has two issues to watch – COVID and a collapse in oil prices. The oil issue is driven by Saudi Arabia and Russia failing to reach an agreement on production and by the severe decline of oil and gas demand driven by the COVID shutdown. Oil has been Summary Statistics Houston Office Market Q1 2019 Q4 2019 Q1 2020 in the low 20’s since the collision of these two events. The Energy Information Administration is projecting that supply will continue to Vacancy Rate 19.4% 19.8% 20.0% outpace demand for the balance of this year by approximately 10MM barrels per day.
    [Show full text]
  • Download Flyer
    LOCATION THE WOODLANDS 69 THE LOCATION. TOMBALL KINGWOOD SPRING DOWNTOWN HOUSTON. 249 290 IAH 45 ATASCOCITA 59 CYPRESS HUMBLE 15 mins The Heights 4.7 miles 28 mins Sugar Land 20.7 miles 13 mins River Oaks 5 miles 35 mins Port of Houston 27.2 miles JERSEY VILLAGE BAYTOWN 16 mins West University Place 7.7 miles 30 mins Baybrook 21.9 miles 69 90 24 mins Memorial 15.9 miles 33 mins Katy 29 miles 6 610 CHANNELVIEW THE 10 HEIGHTS KATY MEMORIAL 10 15 mins The Galleria 8 miles 33 mins Cypress 27.5 miles TANGLEWOOD RIVER DOWNTOWN PORT OF THE OAKS HOUSTON GALLERIA 17 mins Tanglewood 8.9 miles 33 mins The Woodlands 30.3 miles WEST UNIVERSITY THE BELLAIRE PLACE MEDICAL 225 59 CENTER DEER PARK 18 mins The Medical Center 5.6 miles 37 mins Kingwood 28.8 miles 610 HOBBY 99 AIRPORT 25 mins Hobby Airport 11 miles PASADENA STAFFORD George Bush Intercontinental 90 SUGAR LAND 28 mins 21.4 miles Airport (IAH) MISSOURI CITY 45 69 GREATWOOD PEARLAND FRESNO 288 FRIENDSWOOD LEAGUE CITY 35 ICONIC. EVEN AMONG ICONS. 150,000 MAJOR EMPLOYERS 75,000 Employees Work Downtown Residents Currently Live in Greater Downtown 220,000 People Visit Downtown on a Daily Basis 7, 7 78 Existing Hotel Keys 11 Million People Attend Downtown Houston Culture 22 & Entertainment Attractions Annually Hotels 43.7 million 1.2 million SF of Existing Office Space People Stay in Downtown Houston Hotels Annually THE WOODLANDS 69 TOMBALL KINGWOOD SPRING 249 290 IAH 45 ATASCOCITA 59 CYPRESS HUMBLE JERSEY VILLAGE BAYTOWN DEMOGRAPHIC SUMMARY.
    [Show full text]