Houston Office Market: Reason To Celebrate

Like most major cities, Houston has had its fair share of market cycles; however, this most recent decline in the local economy’s growth rate that was caused by a steep drop of oil prices had put a heightened level of stress on the Houston office market. Fortunately, the energy sector turned the corner, and, paired with the ever-diversifying economic base, the Houston economy is buzzing again. With some of the highest employment numbers in Houston history, Houston’s employment base is growing at more than twice the national rate, which provides the office market with much needed positive momentum as we look toward the new year. Click to read more at www.hfflp.com .