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United States | Houston, TX

Report | Houston Office Energy Outlook - 2016

Summary

The sublease market is ultra-competitive across Houston with numerous energy companies attempting to sublease excess space. As of midyear 2016, over 9.2 million square feet of Class A sublease space was available. Well-capitalized energy tenants entering the market will have a host of premium space options to choose from.

Landlords continue to look to diversify their tenant bases to safeguard against future energy sector downturns as non-energy users assess options and backfill space formerly occupied by energy tenants.

Read more about how Houston's energy market and the broader energy industry will impact local energy firms and their real estate decisions in JLL's 2016 Energy Outlook.

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