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Commercial Property in Houston Continues to Thrive

Commercial Property in Houston Continues to Thrive

Commercial property in Houston – Big, and getting bigger

Houston is big. Very big. And its growth and prosperity can be attributed to many factors. “The City With No Limits” is enjoying social and economic growth few, if any other major metropolitan U.S. cities, can match.

Visitors and residents alike are able to enjoy world-class museums, professional sporting events, and a vibrant dining and nightlife, all in a pleasant, temperate climate (the average yearly temperature is 69.9 degrees).

Economically, the city is thriving. Unemployment is at 5.1% (down from 6% in 2013). Job growth for the year 2014 is expected to add 68,000 to 72,000 new jobs (Houston Chamber of Commerce). Spurring this growth is the expansion of major, leading-edge industries. Oil and gas, manufacturing, Healthcare services, and engineering firms are now calling Houston, the nation’s fourth largest city, home. Multi-national corporations and International firms alike are either expanding their operations in the area, or making Houston a new major hub in their plans.

Houston’s office market construction is booming. Collier’s International reports that over 17.8 million square feet of space is currently under construction (through Q2), with forecasts of another 4.5 million square feet of new inventory to be completed by year-end 2014.

A byproduct of this economic vitality is the need for quality, dependable commercial property services.

Greenberg & Company is a leading Houston Commercial Real Estate Brokerage Firm, specializing in leasing or ownership in Retail, Land, Office, and Industrial projects.

With up-to-date technology, and having a firm grasp on commercial property trends- both current, as well as developing trends, our Brokers and Agents are here to help business owners facilitate any business needs. From helping companies develop strategic business plans relating to size and location, all the way through closing, Greenberg & Company has the experience and expertise to help facilitate a successful business move.

Business needs are varied, and often very complex. Greenberg & Company has over 38 years of business experience in the Houston market. Greenberg Commercial Real Estate’s Agents and Brokers can assist businesses with:

Buying a commercial property
Selling a commercial property
Leasing retail, office, warehouse, or special purpose space
Commercial real estate investments
Portfolio brokerage services
Commercial property management
For more information, contact us