Monday, July 1, 2013

Energy Firms Driving Demand for Houston Commercial Real Estate



Houston office rents are soaring thanks to growing energy firms.

Suburban office rents in Houston are up by more than 21 percent compared to a year ago – a bigger percentage increase than any other U.S. office market, according to a new report by CBRE.

Downtown Houston office rents are also 14.9 percent higher thanks to the growing demand from energy firms, according to a recent report by CBRE.

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