Houston Sublease Office Market

The Houston sublease office market realized growth in 2012 on the back of a strong local economy. Professionals looking to relocate, renew a lease or establish a new position in the Houston sublease office market should take the time to research recent developments and projects expected to initiate or complete in the near-term as well. Some of the first places to start looking in the area should be Houston’s most active Class A office submarkets:

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Houston Galleria office space market receives boost with BBVA Compass Plaza

Large, sprawling commercial developments like The Galleria often rely on high-end department stores to function as anchor locations and draw consumers to the area. The developers of a new Galleria office space building set on Post Oak Boulevard, in the heart of Uptown Park, are going a slightly different route, opting instead to use high-quality restaurants to attract customers.

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Magic Johnson purchases commercial real estate in Houston to include Class A Office Space

Long-time Houstonians likely remember Magic Johnson as the Los Angeles Lakers Hall of Fame point guard who, despite his impressive resume, lost twice to the hometown Rockets during the 1980s. Since his retirement, Johnson has continued to support the city of Los Angeles, as evidenced by his recent ownership stake in Major League Baseball's Dodgers, but now Houston too may be benefiting from Johnson's leadership.

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Employment figures, culture help Houston win Forbes coolest title, impacts market to rent Houston office space

Does it make sense for business owners who rent office space in Houston to keep renewing short term office space leases when the city continues to remain one of the fastest-growing metropolitan areas in the country, and a long-term investment is likely to be just as beneficial? Following Forbes Magazine's recent naming of Houston as the "America's Coolest City," its profile continues to tick upward.

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Plans in motion to construct 20 stories of Houston office space

The burgeoning oil and gas market in the Houston area continues to push ongoing commercial real estate development and encourage new investments in local infrastructure. Now, one real estate team has announced plans to construct a 20-story tower west of Houston to house additional office space to serve this sector and others.

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