Realty News Report Highlights Office Market Outlook from the BoyarMiller Real Estate Forum
By: Ralph Bivens, Realty News ReportDecember 17, 2014
The Realty News Report highlighted one of the industry experts from BoyarMiller’s Commercial Real Estate Forum on December 11th.
Houston’s Brinsden: Oil Price Plunge Will Pinch Office Market First
HOUSTON – The Houston office market will be the first real estate sector to feel the pinch of lower oil prices, which have cast a cloud over the Houston real estate market.
“The office side is where we are going to feel it first,” said Jonathan Brinsden, CEO of Midway Cos., a Houston based firm that develops office and mixed-use projects. “There is a lot of sensitivity around the $60 a barrel point.”