Houston leasing remains resilient as leasing continues to trail near five-year average

Leasing activity continues to hold firm with the Houston office market observing 2.3 million square feet (msf) of leasing in Q4 2025. Notable deals for the quarter include Simpson Thatcher securing 99,397 square feet (sf) at 1000 Main and Caturus/Kimmeridge leasing 90,786 sf at 990 Town and Country. The CBD and Katy Freeway/Energy Corridor submarkets led demand for Q4 2025, seeing nine of the top 10 largest deals and contributing to approximately 40.0% of the leasing. Occupier demand for high-quality office spaces remains prevalent, with Class A buildings accounting for approximately 70.0% of leasing in 2025. Looking ahead, demand for Class A space is expected to remain dominant as the trend of flight to quality will likely persist as occupiers continue to favor premium buildings.

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