The Houston Office market ended the third quarter 2017 with a vacancy rate of  16.4%.  The vacancy increased over the previous quarter, with a net absorption totaling negative 758,963 square feet in the third quarter.  Rental rates ended the third quarter at $27.60, a 0.3% decrease from the previous quarter.  A total of 11 buildings were delivered to the market in the quarter, totaling 209,846 square feet, with 350,424 square feet still under construction at the end of the quarter.

Source: CoStar

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