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Woodlands Office Vacancy - Highest Ever

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Today's Tenant Rep Tuesday Tip topic: The Woodlands Office Vacancy - Highest Ever

The Woodlands office vacancy is 31.6%, which is the highest its ever been. There are multiple class A buildings completely vacant.

What does this mean for you?

With so much available office supply on the market, Landlord's will continue to offer concessions to compete with other available spaces in the market.

Even if you have several years left on your office lease, we are finding landlords to be more open to discuss early renewals and/or modifications to their Tenant's office spaces.

Right now is potentially the best time ever for you to get the best deal on your office lease. This can result in $10,000 - $100,000's + in savings over the lease term.

Please advise a time we can visit on the phone or in person and we can share strategies that we are currently using on behalf of our clients in this market.

 

Be sure to follow us on LinkedIn for the most current #TRTT insight.

 

Have questions or comments?

Reach out to us at 281-210-3090 or info@newcorcre.com

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