Moving to new Houston office space is an exciting time for any business, as it represents a company's continued financial stability. Of course, the move itself requires strategic planning and careful execution, particularly when it comes to relocating information technology (IT) equipment and networks.
As one of Houston's major cultural hubs, the Houston Museum District and its many neighborhoods - including Montrose - is a sought-after destination for residents interested in artistic pursuits and intriguing cultural attractions. And while the district boasts attractive Houston executive suites and office spaces, its biggest appeal may be to Houston retailers that want to situate their business in one of the city's most trafficked corners.
In their professional lives, employees have a set schedule that helps them to be successful everyday. Call it the "daily grind" if you must, but the fact is, day-to-day repetition of commutes and workplace activities help employees stay organized the more second-nature they become.
When choosing a Houston retail space for lease, a company first needs to answer one question about itself - is it a destination location or will it require a high volume of foot traffic (and random walk-ins) to succeed? According to Yahoo contributor S.H. Wallick, the answer to this question will determine whether a business needs to position itself in a high visibility area.
The magic number that business owners should keep in mind when planning a Houston office move is six - as in, the number of months it should take from the time a search begins until the doors to a new office are opened.
The promotional slogan of Uptown Park Houston- "Where You Can Have It All" - is entirely attainable, given the abundance of Houston executive suites and office spaces, along with residences and businesses in the area. As one of the premier business districts in Texas, Uptown Houston is a destination spot for business professionals and consumers alike.
As we wrote yesterday, improving cash flow is the Holy Grail for recently launched business ventures. Cost savings provide financial flexibility to business owners, but as with anything, trimming costs always produces secondary issues that must be addressed.
The costs of starting a new business fall into two primary categories - one-time launch-related commitments (office equipment, consulting services) and ongoing expenses (office space lease payments, salaries, insurance). With cash flow a constant concern for Houston businesses, one strategy for boosting their financial capital is shifting up-front launch expenses to monthly costs, which is why some businesses may opt to lease office equipment or enter a short term lease with one of the many Houston executive suites.
Houston is one of the largest cities in the United States and is also an anchor to one of its largest metropolitan areas, with its suburbs expanding well beyond the Downtown Houston area. This allows business owners an abundance of opportunities to grow into new Houston retail space for lease.
With Labor Day set to mark the (unofficial) end of summer next weekend, families across the country are cramming all they can fit into pickup trucks and U-Haul vans as they move their children to college and, in some cases, new city dwellings.
We had the pleasure of visiting PKF Texas last week. We loved the energy and vice of their office space. One would typically think of an accountant's office space as somewhat dull and bland, but this was anything but!
In the 1920s, the son of a former Texas governor bought 200 acres of land adjacent to a Houston-area country club, helping to sow the initial seeds of the development of the River Oaks community. With these luxurious roots, it's not surprising that River Oaks has evolved into one of the most affluent neighborhoods in the country.
In the Houston area, a rapidly declining unemployment rate and a swelling economy has transformed the city from a stalwart of the energy industry (which it still remains) to one that is able to support companies in a diverse cross-section of industries.
All businesses new to Houston require at least two vital resources to thrive - an ideal retail or Houston office lease and a deep talent pool to draw from as new jobs are created.
This week's featured NYC office space is the home of Enterproid, the creators of an enterprise mobile platform called Divide. It is literally the greenest office I have ever been in. Their company color is green and it is everywhere from the walls to the bean bag chairs to the color of the cotton candy. In case there was any doubt how serious they are about their color scheme, everyone who works there is given a green watch. Nice company schwag!
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.
Houston's office rental market could soon receive a boost in the form of a new multi-use facility just outside of downtown, near Buffalo Bayou in the East End.
The rate of absorption in the Houston office market continued to improve in the second quarter of this year, led in part by strong activity in the metro area's burgeoning energy industry. The market's vacancy rate also fell as more energy firms sought office space for rent in Houston.
Houston's economic success is thought to be attributable in large part to its energy industry, but when any economy grows 8.6 percent in one year, there must be many other factors responsible for those gains.
For 20 years, Houston's Town & Country Mall went through alternating periods of boom and bust, before finally closing in the mid-2000s. Since being torn down and replaced by the CityCentre shopping mall in 2009, the area has undergone a resurgence, led in part by the availability of retail and office space for lease.
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.
The Houston office space market just became less certain following news that one of the city's most recognizable buildings is available for sale.
In the spirit of the 2012 London olympics, we at TheSquareFoot wanted to come up with our own version of office space olympics.
This week we show you the studio of m Architects. We'll let them take it from here:
Think companies based in retail space for lease in a shopping center are always relying heavily on walk-in traffic? Think again. 2nd MD, a web based health care service that allows users to have face to face video consultations with medical specialists, is currently located in the shopping center at 2538 Briar Ridge Drive, Houston TX 77057 just west of the Galleria.
We're excited to show you the offices of Chaione, Houston's premier mobile app development shop and active contributor to the local start up scene. Located in the 4900 Woodway Building, this 5000 plus square foot office space has some of the best views of downtown and the Galleria the city has to offer.
Many prospective tenants who contact us ask us about open space office plans and whether it's the right fit for their business. Usually they are only focused on one key element: cost cutting. Although this is one of the considerations when thinking about moving to an open space office plan, there are other benefits as well. Of course, there are cons as well, but that is a post for another day.
This week we show you the Jacksonville headquarters of Hashrocket, some of the developers behind TheSquareFoot and many other awesome Ruby On Rails websites. Known as one of the premier development firms of its kind nationally, Hashrocket's Jacksonville, Florida office sits right on the beach (in Jacksonville Beach) and has a ton of natural light and wide open spaces. This is a great example of an office space fitting the company and its ethos perfectly.
In the rapidly evolving commercial real estate world, we’re seeing more and more startup companies trying to streamline the industry. From making it easier for tenants to search and find available office spaces that match their specific needs - giving landlords and listing agents tools to help manage their client base and internal data more efficiently - to bringing the space tour online with 3D movable floor plans and interactive panoramic views of spaces. There are so many interesting ideas sprouting up all trying to bring the industry that hasn’t changed in 30 years into the 21st century in different ways. A lot of them are popping up around coworking.
Another high-end department store is set to join the ranks of Saks Fifth Avenue by taking advantage of Manhattan retail space. Nordstrom has searched for a perfect Manhattan retail spacefor two decades and finally settled on a deal with Extell Development this week to open a 7-story, 300,000 square-foot retail monster, on the north side of 57th Street, east of Broadway.