THE WOODLANDS, TX—Diversification has helped the metro stay the course while energy prices have recovered to a highly profitable range, allowing for anticipated growth from the energy sector. Factor in the nearing pipeline completion to support the Permian Basin and enthusiasm is cautiously optimistic, according to a report by Transwestern.
Leasing is part of that enthusiasm as office space is currently in lease-up at Research Forest Lakeside, a 77-acre mixed-use development on Lake Woodlands. Currently, there are five office buildings comprising approximately 1 million square feet and an additional four office buildings totaling 629,404 square feet slated for future construction.
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