2009 Midyear Houston Economic Overview
At midyear 2009, Houston’s long-standing resilience against the economic recession that began in late 2007 has run its course and the local economy is responding to the effects of the slowdown across various sectors.

2009 Houston Economic Outlook Overview
Houston Leads US Employment. Houston began 2009 flush from 2.2% job growth and 57,300 new jobs gained in 2008, in stark contrast to major metros across the U.S. suffering severe job losses and sharp increases in unemployment.

2008 Midyear Houston Economic Outlook Overview
With all major economic drivers – including the energy industry, the Port of Houston, the Houston Airport System, the Texas Medical Center and NASA/Johnson Space Center – in expansion mode, Houston is poised to continue outperforming the national economy in 2008.

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4Q Houston Industrial Market Report
Houston’s industrial market closed 2009 with both gains and losses, that in the end were overwritten by an overall decrease in market activity due to weak tenant demand.

4Q 2009 North America Industrial Highlights
U.S. industrial real estate markets finished the year on a weak note, but were a marked improvement compared with the prior three quarters.

2009 3Q North America Industrial Market Report
2009 3Q North America Industrial Market Report

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2009 4Q Houston Office Market Report
Houston’s office market posted weak fundamentals at the end of 2009 with year-over-year higher vacancy, lower rental rates, and negative net absorption ending the previous five consecutive years of gains in occupied space citywide.

4Q 2009 North America Office Highlights
After a miserable year and a half, office leasing markets across most of North America began to show signs of hitting bottom and possibly recording growth before year-end.

2009 3rd Quarter Houston Office Market Report
Houston’s office market indicators continued to slip on both a quarterly and year-over-year basis as demand for office space eroded against the deepening effects of the global economic recession.

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Midyear 2009 Houston Medical Office Market Report
Positive net absorption reach 275,070 square feet in the first half of 2009, surpassing the gains of 1,506 square feet at this time last year. Healthy demand for medical office space pushed vacancy down 90 basis points to 13.8% in the second quarter.

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2008 1Q Houston Investment Market Report
Subprime Crisis Still Impacting Commercial Real Estate. At the start of 2008, the spreading effects of the subprime mortgage crisis continue to significantly impact commercial real estate capital markets.

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2008 3Q Houston Multifamily Market Report
Houston’s multifamily market closed the third quarter with stable market indicators, albeit with some fluctuation on a year-over-year basis. Occupancy at 86.7% dipped from 87.9% at this time last year, but for the most part held steady since January 2008.

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2009 4Q Houston Retail Market Report
Houston’s retail market showed encouraging signs of improvement at year end with stronger occupancy and net absorption in the fourth quarter when compared to the previous quarter.

3rd Quarter Houston Retail Market Report
Houston’s retail market continued to record weak fundamentals through the third quarter 2009 with net absorption, occupancy and rental rates falling below levels posted at this time last year.

2009 2Q Houston Retail Market Report
At midyear 2009, Houston’s retail market posted a year-over-year contraction of major indicators and an overall softening of fundamentals.

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