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NetIQ's lease was scheduled to expire in 2005. [3] As of 2010 the buildings are 99% occupied, with the unused space consisting of unusable corridor space and janitor storage closet space. [1] The Houston Business Journal had occupied space in the Park Towers for a period of over 10 years. In 2012 the newspaper announced that it was moving to ...
First envisioned in the late 1960s by local developer Kenneth L. Schnitzer, [1] Greenway Plaza has evolved into one of Greater Houston's largest employment centers, with over 4.4 million square feet (410,000 m 2) of office space on a 52-acre (21-hectare) campus. [2]
Karam told the Houston Chronicle in an interview that he is offering "1980s-level" rents for lease space, keeping the mall competitive. While the mall is not yet completely leased, it continues to make a comeback and, in addition to the above tenants, now houses an Altitude Trampoline Park, Stuttgarden Tavern, and other small shops.
The Downtown Houston business occupancy rate of all office space increased from 75.8% at the end of 1987 to 77.2% at the end of 1988. [20] By the late 1980s, 35% of Downtown Houston's land area consisted of surface parking. [18] In the early 1990s Downtown Houston still had more than 20% vacant office space. [21]
The Houston Business Development, Inc. (HBD) and the Business Information Center (BIC) are in Palm Center. [19] Over 40 small businesses are in the complex. [18] The Houston Texans YMCA was built on 5-acre (2.0 ha) of land, [20] on the site of a previous building that had been abandoned; this building had the original Palms Center sign. [18]
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