houston average nnn asking direct rate (all types

HOUSTONAverage NNN Asking Direct Rate (All Types) | Asking Rate= $6.81 Q2 2018

Southwest $7.59

Northwest $7.23

Southeast $7.17

North $6.93

CBD-Inner Loop $5.66

Northeast $4.88

South $4.63

$6.81

Quoted NNN Rates

HOUSTONDirect Absorption | Absorption = 796,638 sf Q2 2018

North 613,142

Southeast 508,670

CBD-Inner Loop 201,946

Southwest 30,668

Northeast 1,678

South -138,962

Northwest -420,504

796,638

Net Absorption

HOUSTONTotal Available Sublease Space | 3,188,695 sf Q2 2018

Northwest 1,059,376

North 747,234

Southwest 445,229

Southeast 377,000

South 369,006


Northeast 28,695

3,188,695

Available Sublease Space

(sf)

HOUSTONVacancy Rate (Direct) | 4.5% Q2 2018

Northeast 2.0%

South 3.4%

CBD-Inner Loop 3.7%

Southeast 3.7%

Northwest 4.9%

Southwest 4.9%

North 6.3%

4.5%

Vacancy (%)

HOUSTONAverage NNN Asking Direct Rate (All Types) | Asking Rate= $6.50 Q1 2018

Southwest $7.75

North $6.69

Northwest $6.63

Southeast $6.44

CBD-Inner Loop $5.60

Northeast $4.88

South $4.62

$6.50

Quoted NNN Rates

HOUSTONYTD Direct Absorption | Absorption = 2,763,854 SF Q1 2018

Northwest 1,290,578

North 691,733

Southeast 562,668

Northeast 285,627

Southwest 35,775

South -28,285

CBD-Inner Loop -74,242

2,763,854

Net Absorption

HOUSTONTotal Available Sublease Space | 3,130,051 SF Q1 2018

Northwest 962,797

North 945,659

Southeast 450,781

Southwest 368,266

South 229,536


Northeast 22,500

3,130,051


(sf)

HOUSTONVacancy Rate (Direct) | 4.3% Q1 2018

Northeast 1.6%

South 3.0%

Southeast 3.5%

CBD-Inner Loop 4.2%

Northwest 4.7%

Southwest 5.5%

North 5.6%

4.3%

Vacancy (%)

HOUSTONAverage NNN Asking Rate (All Types) | Asking Rate= $6.39 4Q17

Southwest $7.42

North $6.82

Southeast $6.61

Northwest $6.58

CBD- Inner Loop $5.22

Northeast $5.03

South $4.88

$6.39

Quoted NNN Rates

HOUSTONYTD Total Absorption | Absorption = 5,889,744 SF 4Q17

Southeast 3,636,757

North 2,118,824

Northwest 390,934

South 196,590

CBD- Inner Loop -97,091

Northeast -152,842

Southwest -203,428

5,889,744

YTD Absorption

HOUSTONTotal Available Sublease Space | 3,505,485 SF 4Q17

Northwest 1,009,262

North 857,078

Southeast 610,750

Southwest 601,999

South 193,854

CBD- Inner Loop 165,166

Northeast 67,376

3,505,485


(sf)

HOUSTONVacancy Rate | 4.8% 4Q17

Northeast 2.7%

South 2.9%

Southeast 3.1%

CBD- Inner Loop 4.6%

Northwest 5.1%

Southwest 5.9%

North 6.8%

4.8%

Vacancy (%)


Southwest $7.24

North $6.79

Southeast $6.67

Northwest $6.59

Northeast $5.98


South $4.95

$6.44

Quoted NNN Rates


Southeast 2,937,561

Northwest 1,436,219

North 1,281,670

South 218,029

Northeast 114,072


Southwest -121,927

5,824,760

YTD Absorption


Northwest 1,100,698

North 1,058,774

Southwest 591,450

Southeast 552,550

Northeast 240,572


South 178,146

3,912,356


(sf)


Northeast 2.2%

South 2.9%

Southeast 3.6%


Northwest 4.9%

Southwest 6.4%

North 7.6%

4.9%

Vacancy (%)


Southwest $7.27

North $6.84

Northwest $6.79

Southeast $6.76

Northeast $6.45


South $5.09

$6.51

Quoted NNN Rates


Southeast 2,244,927

Northwest 194,705

South 186,580

Southwest 154,794

Northeast 121,798

North 56,687


2,754,312

YTD Absorption


Northwest 1,111,712

North 1,070,754

Southeast 693,333

Southwest 534,518

Northeast 265,867


South 158,328

4,013,678


(sf)


Northeast 2.1%

South 3.0%

Southeast 4.4%

Northwest 5.1%

Southwest 5.2%


North 7.6%

5.1%

Vacancy (%)


Southwest $7.59

North $7.29

Northwest $7.26

Southeast $6.68

Northeast $6.62


South $5.12

$6.55

Quoted NNN Rates


Southeast 1,665,268

Northeast 197,302

South 86,499

Southwest 83,772

Northwest -44,106

North -194,354


1,143,475

YTD Absorption


North 1,206,321

Northwest 1,188,711

Southeast 671,333

Southwest 495,170

Northeast 363,898


South 106,505

4,288,009


(sf)


Northeast 1.9%

South 3.2%

Southeast 4.6%

Northwest 5.1%

Southwest 5.7%


North 8.0%

5.3%

Vacancy (%)


Vacancy (%)

Northeast 1.5%

South 3.1%

Southeast 4.1%

Northwest 4.7%

Southwest 5.7%


North 8.2%

5.1%

HOUSTONYTD Absorption | 8,776,589 SF 4Q16

Submarket YTD Absorption

Northwest 5,154,843

Southeast 2,855,832

Southwest 1,044,505

North 473,002

Northeast 180,604

South -138,436

CBD - Inner Loop -793,761

Total 8,776,589


Quoted NNN Rates

Southwest $7.69

North $7.37

Southeast $6.83

Northwest $6.66


Northeast $5.20

South $5.11

$6.53

HOUSTONTotal Leasing Activity = 16,452,577 SF 4Q16

Submarket Leasing Activity (sf)

Northwest 6,519,529

Southeast 2,924,091

North 2,638,984

Southwest 1,696,099

CBD- Inner Loop 1,077,867

Northeast 881,942

South 714,065

Total 16,452,577

HOUSTONAvailable Sublease Space = 5,230,642 SF 4Q16

Submarket Available Sublease Space (sf)

Northwest 1,688,233

North 1,211,514

Southeast 736,333

Southwest 648,394


Northeast 341,563

South 224,005

Total 5,230,642

HOUSTONAverage NNN Asking Rate (All Types) | Asking Rate= $6.34

4 to 5

5 to 6

6 to 7

7 to 8

8 to 9

Key

3Q16

Northeast

CBD - Inner Loop

South

Southeast

Northwest

North

Southwest

Quoted Rates

$4.96

$5.30

$5.33

$6.70

$7.04

$7.28

$7.75

$6.34

Submarket

$6.34

HOUSTONYTD Total Absorption | Absorption = 994,651 SF

CBD - Inner Loop

South

Northeast

North

Southwest

Southeast

Northwest

YTD Absorption

-772,619

-410

284,939

462,288

879,147

1,948,547

4,160,666

994,651 SF

Key

Submarket

3Q16

-800,000 to -400,000

-400,000 to -100,000

-100,000 to 0

0 to 500,000

500,000 to 1,000,000

1,000,000 to 2,500,000

2,500,000 to 5,000,000

HOUSTONTotal Available Sublease Space | 665,050 SF | 8.84%

0 to 300,000

300,000 to 500,000

500,000 to 2,000,000

Key

3Q16

Northwest

North

Southwest

CBD - Inner Loop

Southeast

Northeast

South

Available Sublease

Space (SF)

1,559,760

1,386,346

465,924

375,600

323,833

319,881

224,005

Submarket

665,050 SF

9.20

13.60

8.40

11.30

7.00

5.50

6.90

Available Sublealse Space (%)

8.84%

HOUSTONVacancy Rate | 3,335,222 SF | 4.4%

0 to 2.25%

2.25 to 5.5%

5.5 to 7.25%

7.25 to 9%

Key

3Q16

North

Northwest

CBD - Inner Loop

Southwest

Southeast

South

Northeast

Vacancy Rate (%)

8

5.8

5.6

4.8

2.7

2.4

1.8

Submarket

3,335,222 SF

6,382,281

7,849,527

2,718,653

2,802,803

2,108,413

923,914

560,964

TotalVacancy

(SF)

4.4% 3,335,222 SF

houston average nnn asking direct rate (all types

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