As you will see from our submarket analysis in this report, Houston is a vast market and the submarket matters. The Houston MSA is physically larger than nine states. From a population perspective, we are larger than over thirty states. This summary includes all of Houston as if it is a single, homogenous market – it is not. Even within submarkets, some office buildings have significant competitive advantages over others. Colliers believes that these quarterly reports, with the submarket data tables included, can give the reader a reasonable understanding of the market’s health and trends but will never replace a specific requirement analysis for granular understanding by a specific occupier/user. We hope you find this information helpful and welcome the opportunity to dive deeper with our clients.

The Houston Office Market continued to contract during the fourth quarter as the COVID-driven, government-mandated lockdowns continued. The fourth quarter ended with... Click here to read the full report.