Figures
Houston Office Figures - Q2 2026
July 1, 2026 5 Minute Read
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Houston's Office market demonstrated continued momentum in Q2 2026, with 320,000 sq. ft. of net absorption, reflecting a broader flight-to-quality
movement among tenants seeking larger, higher-quality spaces. This trend was exemplified by two marquee occupancies: Dow’s 203,000 sq. ft. at City
Centre Six, and Vitol’s 150,000 sq. ft. at The RO Phase I, both of which delivered this year.
The appetite for high-quality office space shows no signs of abating. The RO Phase I delivered this quarter at 100% leased, preceded by two buildings
last quarter, City Centre Six and Port Houston Headquarter, all completed between 90% and 100% leased. With Autry Park set to deliver at 95% pre-
leased, the project's strong leasing performance underscores the limited availability of trophy-quality space and the ongoing need for future
development to satisfy tenant demand.
The bifurcation between Trophy/Class A+ and Class B office properties persisted, with Trophy/Class A+ vacancy down to 11.7%, while Class B vacancy
stood at 24.9%, further widening the performance gap across Houston's office market. This divergence is particularly evident across Houston’s leading
submarkets, such as, the CBD, Katy Freeway, and The Woodlands, where tenant preference for quality remains most pronounced.