TX - East
TX - Houston
DEMOGRAPHICS
Longview, TX
1,785
208,154
81,170
$65,286
79,368
5.9%
Coldwell Banker Commercial
Lenhart Properties
304 E. Loop 281, Suite C
Longview, TX 75605
(903) 297-1444
www.cbcworldwide.com
CONTACT
OFFICE
Vacancy
Q
Absorption
P
Rental Rates
P
INDUSTRIAL
Vacancy
Q
Absorption
P
Rental Rates
P
MARKET HIGHLIGHTS
•;Weatherford combined 5 of
their operations under 1 roof.
•;There has been steady interest
in the market due to oil/gas
activity in the region.
•;Office/Warehouse demand is
still positive.
•;Residential activity increased
over prior year.
•;Absorption of existing Office/
Retail is improving.
•;Relatively low unemployment
compared to many other areas.
RETAIL
Vacancy
N
Absorption
N
Rental Rates
N
MULTI-FAMILY
Vacancy
Q
Absorption
N
Rental Rates
N
DEMOGRAPHICS
Houston-
Sugar Land-
Baytown, TX
8,928
5,937,339
2,084,052
$87,941
2,246,860
5.5%
Coldwell Banker Commercial
United, Realtors
2121 Sage Rd., Suite 150
Houston, TX 77056
(713) 840-5000
www.cbcunitedrealtors.com
CON TACT
OFFICE
Vacancy
N
Absorption
P
Rental Rates
P
INDUSTRIAL
Vacancy
Q
Absorption
P
47 Rental Rates
Q
MARKET HIGHLIGHTS
•;Houston is the first major
metropolitan region to regain
all the jobs it lost in the
recession, adding about 76,000
jobs last year, according to the
Texas Workforce Commission.
•;Shell has renewed a 15-year
lease for 804,491 SF in One
Shell Plaza and 471,934 SF in
Two Shell Plaza, a combined
1.22 million SF of Office
space, the largest Office lease
transaction in the world in 2011.
•;Multi-Family continues to be
attractive to investors: Mosaic
Residential Inc. purchased the
274-unit Westborough Crossing
Multi-Family complex in Katy
for $12.9 million.
•;A study released by PWC
ranked Houston #1 in the
world in terms of cost of living
advantage and purchasing
power.
•;Oil prices continued their
upward movement, reaching
$95-$100/barrel.
•;Houston named “City of
the Year” by Fast Company
because of small business and
entrepreneurial attraction.
RETAIL
Vacancy
N
Absorption
P
Rental Rates
P
MULTI-FAMILY
Vacancy
Q
Absorption
P
Rental Rates
P
