The snapshot is Houston is ranked second only to Los Angeles foroffice and industrial market strengths through 2012 and fifth placeon the retail market strength forecast. The national analysis isdue out this week.

"Houston is an oasis of prosperity right now," says RustyTamlyn, senior managing director for Holliday Fenoglio Fowler LP inHouston. "There's been good job growth, not much subprime exposureand good absorption. And, we're being less impacted by higher oilprices."

The quiet 2007 close bucked the historical trend for afast-paced, high sales volume Q4.[IMGCAP(2)]"It went gangbustersand then trailed off in the fourth quarter," Tamlyn says."Everyone's had a good year and there is not this mad rush foryear-end closings. There's no reason to cram them in."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.