Houston Commercial Real Estate is Strong in 2012
by Jonathan Grimes
InfoGraphic On Houston Commercial Real Estate Trends for 2012
Everyone knows Houston's strong economy bucks the trend from the nation and Houston commercial real estate is no exception. Tenants and businesses in Houston are leasing commercial real estate at high levels. Some highlights from the info-graphic -
Houston vacancy levels fell to 14.2% from 16% year over year Online searches for commercial real estate in Houston are up 17.4% over the past year Houston office space available has fallen 14.7% over the past year
It is all about unemployment! Houston's employment levels have falled from 8.6% to 7% over the past year and that is the biggest decrease in any city across the United States.
Thoughts?
