Friday, December 29, 2006

Houston Leasing Activity

Activity in the Houston, Tx. market reached 14.5 million, an increase of 11.6 million for the third quarter of 2006. Class "A" space accounted for 50% of this activity, compared to 42% for class "B". 2006 is expected to surpass 2005's 16.5 million absorption. Rental rate hikes are in store for 2007. This will shift to a "LANDLORD'S MARKET", now is the time to start looking . For more information see our web site : www.houstonrealtyadvisors.net

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