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Jun
Q1 office markets in Houston show improvement in growing economy
The office market across the Greater Houston area continues to improve gradually as vacancy is absorbed seemingly by the square inch. It is a layered market in the sense that landlords for certain buildings are pushing to increase rental rates while others, in some cases competing buildings, are setting a precedent with aggressive lease incentives.
Statistics from a variety of reports range from overall negative net absorption during the first quarter to showing an increase in positive net absorption…
Source: Arizona Business Journal
