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Cushman & Wakefield of Texas Predicts Strong Houston Office Market

HOUSTON-Office rent is expected to go up in Houston, according to the latest summary by Cushman & Wakefield of Texas Inc. Year 2000 had ended with the strongest net absorption in two years and the pace will continue

By Jennifer Brenner Andrade | Updated on January 29, 2001

HOUSTON-In its annual office market overview, Cushman & Wakefield of Texas Inc. sums up the Houston office market as strong and growing. Net absorption in year 2000 was the strongest it has been since 1997, reaching 4.1 million sf, according to the report.

Of the 4.1 million sf, about 35% had been in class-A office space, 26.3% in class B and38.6% in class C.

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