14 Predictions for 2014: Part I
January 6, 2014

Studley Houston office

1) Office development will slow

Goodbye, construction boom. Studley EVP and co-branch manager Derrell Curry (try and find him among the entire Houston team) forecasts development will slow in 2014. He says we've all seen what overbuilding can look like, and the market will pause to inhale this year. (Even developers need to smell the roses once and awhile... before they dig them up.) That'll be caused in part by a number of the larger leases that have expansion space built into them. Derrell also believes tenants will look toward second-gen space this year to keep costs in check and enhance their profits.

14 Predictions for 2014: Part I

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