Here's a look at the trends, announcements and deals you may have missed at the mid-week point in Texas, New Mexico, Colorado, Oklahoma and Arkansas.
BY THE NUMBERS
HOUSTON—NAI Partners' NAI Partners Sublease Index is a monthly research report detailing the current state of the Houston office sublease market. The sublease index is a measurement of the amount of sublease space as a percentage of total available space. According to the most recent report, the sublease index dropped to 15%, continuing a thinning out of available sublease space in Houston that began in third quarter 2016. Available sublease space in the Houston office market continued to diminish in January, falling to 8.8 million square feet, on the heels of the 1 million square feet of sublease deals that took place throughout fourth quarter 2017, the highest quarterly tally ever recorded.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
