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Allen Center Brookfield Property Partners is reimagining Allen Center with a $48.5 million renovation.

HOUSTON—Given the healthy Texas and US economies as well as the equilibrium levels of energy employment following a broad sector restructuring, Houston’s office market seemed to begin 2018 on relatively solid footing. The final 90 days of 2017 marked the first quarter of positive net absorption in the Houston office market in 18 months. The overall net absorption quietly trended positive in fourth quarter 2017 as 325,000 square feet was absorbed, according to the Office MarketView Q4 2017 report by CBRE.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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