Family Office Briefing on research byLee & Associates·Oct 29, 2024
2024 Q3 Houston, TX - Office
Houston office market shows signs of stabilization in Q3 2024 — family offices should consider co-GP opportunities with experienced operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 18.73% |
| Net Absorption | 490,052SF |
| Average NNN Asking Rate | 29.66$/SF |
| Sale Price | 186.00$/SF |
| Cap Rate | 9.7% |
| Under Construction | 2,600,000SF |
Metrics extracted from the source report and independently fact-checked. Method →
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