Located at 10497 Town & Country Way, the asset is positioned just south of Interstate 10 (credit: Mabry Campbell).
HOUSTON—The top-performing Katy Freeway East submarket stands in stark contrast to the broader Houston office market. It is on track to record its fourth consecutive year of positive net absorption.
JLL research provided insight as to why Katy Freeway East has remained relatively healthy compared to the rest of Houston's office market. For starters, it is a smaller submarket at only 5.6 million square feet, which means it can recover quicker from changes in vacancy by leasing up the vacant space faster. Secondly, none of the major oil companies have footprints in the submarket.
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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.
