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Another 5% Rent Hike Forecast for Single-Story Flex

HOUSTON-Marcus & Millichap is predicting another 5% hike in flex office rents by year's end. Investor interest is strong, fueled by a hardy local economy, a brisk energy industry and lower borrowing rates.

By Jennifer Brenner Andrade | Updated on July 12, 2001

HOUSTON-According to a report issued by Marcus & Millichap Real Estate Investment Brokerage Co., single-story flex space in suburban office markets will rise by another 5% by the end of the year.

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