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HOUSTON-The hustle and the bustle of Houston's northwest submarket may have crested. Still, a year-end call bets two million sf will be absorbed, up 28% from last year's grand tally. The question now is whether it's time to build more industrial space.
HOUSTON-Pride International expands its presence at San Felipe Plaza, taking 19,873 sf in what is described as a "good deal" in a sublease pact. DA Consulting has relinquished the spot to accommodate Pride International's expansion plans.
HOUSTON-US Dataworks holds tight to a 3,148-sf corporate headquarters spot in Houston's northwest submarket. The building, 5301 Hollister, boasts a 99% occupancy in one of the city's most active submarkets.
SUGAR LAND, TX-The City of Sugar Land and developer Sugarland Properties watch the fruits of their labors pay off later this month when ground breaks on a convention center and abutting hotel. The center has been on the city's wish list for 10 years.
HOUSTON-The brisk northwest Houston submarket attracts two more tenants. The industrial signers head to different buildings, but both situated between Hempstead Highway and US Highway 290.
HOUSTON-Two tenants take an aggregate 9,036 sf at northwest Houston office buildings. Btek Interests signs takes the largest spot, 5,957 sf, in the 126,015-sf 13100 Northwest Freeway, owned by Northwest One LP.
HOUSTON-The CBD high-rise at 1301 Fannin provides space for high-tech needs such as Internet providers and back-office operations inks two leases. Despite in high-tech downturn, the space continues to be absorbed.
ADDISON, TX-Abby Executive Suites has expanded its Dallas presence by leasing more than 20,000 sf at an RM Crowe building here. Abby subleases space to entrepreneurs and other professionals seeking smaller spaces and third-party services.
HOUSTON-A local consulting firm that specializes in the removal and disposal of obsolete offshore oil and gas platforms has decided to commit to its 3,692-sf space at 5700 Northwest Central Dr.
HOUSTON-Medical space is on the move as one broker, Jason Whittington of the Houston office NAI Partners Commercial, inks more than 13,000 sf in leases in Houston and Pearland.