HOUSTON—As GlobeSt.com reported earlier in the month, Cassidy Turley has brought Bill Wolff on as executive managing director of office tenant representation. We caught up with Wolff to get his take on the Houston office market and what this new job has in store for him.
GlobeSt.com: Can you share your thoughts about the current state of the Houston office market?
Wolff: The Houston office market is the strongest I have ever seen in over 30 years. The interesting component to me is that I believe it is not a general rising tide for all boats sort of situation. The hot markets such as The Woodlands, Energy Corridor, Westchase are absolutely as strong as possible. The more mature markets with 30+ year old buildings are not as strong, although many owners are pushing rents to the highest levels we have ever seen. It will be interesting to see how the next 12 to 18 months works out for them.
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