The Woodlands office submarket continues to perform exceptionally well, posting 385,540 SF of positive net absorption in Q1 2019. The average vacancy rate decreased 60 basis points over the quarter from 9.2% in Q4 2018 to 8.6%.

American Bureau of Shipping moved into CityPlace 2, occupying the entire 325,000 SF new building in Springwoods Village. The Q1 absorption total is the highest recorded in the submarket since Q2 2015.

Leasing activity continues as The Howard Hughes Corporation announced... click here for full report.