Houston Office Space Leasing And Rental Data

By Author: Patrick Oconnor
Total Articles: 42
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Houston office space leasing and rental datacan help office building owners to increase revenue, vendors to increase sales and provide a variety of industry personnel with data and reports to facilitate decision-making and communication. Office center owners can review rental rates for nearby properties to insure their rental rates are competitive. Vendors to the Houston office building community can focus their marketing and sales efforts. OConnor & Associates provides comprehensive office building data for the Houston metropolitan area. This office building data is used by investors, management companies, brokers, vendors, appraisers and other industry participants. OConnors Houston office building leasing and rental data is updated quarterly. Office rental rate and leasing information is obtained directly from owners, management companies and leasing agents.

Benefits of O'Connor & Associates office building market data include:

Office building owners can increase revenue by increase rental rates after comparing rental rates for their property with the rental rates for competing Houston area office buildings.4. ...
... Rental comparables can be targeted based on year of construction, building size, and location.
Investors can increase acquisitions by targeting properties which fit their acquisition criteria. Information regarding both properties which are for sale and those which have sold are available.
Office building investment brokers can utilize the ownership information to contact office building owners and use the statistical data reporting package to perform analysis for clients. Comparable sales data is available for some properties.
Office building leasing agents can efficiently identify Houston area office space which meets a clients requirements. Office leasing brokers can search by location, rental rate, year of construction, building size, location, type of office property, and many other factors.
Office building vendors can use the ownership information to focus their sales effort on the most appropriate office buildings.
Office building owners and management companies can use the statistical reporting package to understand and analyze market status and trends. By reviewing both current market trends and construction which is currently underway and proposed, owners can gain insights into probable market trends for the next 12 to 24 months. Historical data for the Houston office market is available from 1988 for occupancy, rental rate, absorption and many other factors.
Office building owners, brokers and management companies can compile data and reports for clients and internal reporting.
Appraisers can use the data for rent comparables and to calculate submarket occupancy, rental rates, rental rate trends, absorption, and review properties proposed and under construction.

Features of O'Connor & Associates Houston area office building market data include:

Rental rates, occupancy, management company, leasing company and ownership information updated quarterly;
Details on over 20 types of amenities such as on-site deli, covered parking, etc.;
Ownership information including contact person, owner company, phone number, and address;
Management company information including contact person, phone number and address;
Historical data since 1999;
Robust options to search for properties;
20 options for reports including a detail sheet for each property, rental rates by class, occupancy by class, absorption by class and many additional reports.

Sample reports are listed below:

Detail sheet
Rental rates by class
Occupancy rates by class
Absorption by class
OConnor and Associates has provided comprehensive office building data for Houston since 1988. Our office building data includes rental rates, occupancy rates, contiguous space available, amenities, ownership information, management company information and the extensive details regarding each office building. Our staff can also provide office building market studies and feasibility studies. In addition, our staff can help you evaluate options for improving performance at a property. Other services include highest and best use analysis, market rent analysis, lease audits, lease abstraction, investment and portfolio analysis, and custom consulting.

Quality real estate market data provides decision makers the information to make informed decisions. O’Connor & Associates has been providing market data since 1988. Timely, accurate real estate data also provides the information our real estate appraisers, consultants, and property tax consultants need. The Market Research and Consulting division of O’Connor & Associates provides information necessary to make decision to commercial real estate professionals. Occupancy and Rental Data, ownership and management information are routinely gathered for four major land uses – multifamily, office, retail and industrial. This information allows investors to compare competitive properties, facilitate business decisions and track market and submarket performance. In addition the data is useful to brokers who for example continually monitor Houston retail space leasing, Austin Office Space Houston office space leasing, Dallas retail space leasing, Dallas industrial leasing, Austin Retail Data Houston industrial space leasing, Houston apartments, Dallas apartments, Fort Worth apartments, Austin apartments, and San Antonio apartments.