Houston Office Market in Freefall | Real Estate News
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Houston Office Market in Freefall | Real Estate News
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Houston’s office market is in freefall, with 26.8% vacancy driving a demolition boom as outdated buildings become economic liabilities. Demand for teardowns outpaces capacity, and owner-occupiers are snapping up vacant spaces at fire-sale prices—while lenders stay sidelined, stuck with toxic assets. The Galleria shows glimmers of life, but the city’s office landscape is being reshaped by decay, demolition, and corporate buyouts.
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