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After three years in an economic energy slump, Houston's office market is ready for a boost, although large energy giants profits in the fourth quarter were largely driven by continued lean budgets and staff reductions.
<i>Real Estate Forum</i> is inviting industry members to submit the past year's significant transactions for the magazine's upcoming “Best of 2017” section. Nominations are due Feb. 1.
Company veteran Bill Concannon has led the company's occupier outsourcing business as CEO since 2012; it now encompasses Johnson Controls' Global Workplace Solutions platform, which CBRE acquired in 2015.
Plateauing occupancy, coupled with the outlook of rising supply in many markets, has dampened revenue and returns expectations, causing pricing to stagnate, Ten-X's Chris Muoio tells GlobeSt.com.