Town Center Industrial

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Town Center

Market Report

Number of Listings
Posted in the last 90 days
61
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
560

Town Center Rates

The typical asking rate per listing is in the $50's per square foot per year. The Town Center region is experiencing a a rise in rates. In the last 3 months, the median rate went up $19 per sqft per year. That's a 57% rise in rent.

Compared to the rest of the Houston Metro market, the Town Center submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Town Center Listing Supply

In the last 90 days, 172 listings have been posted online, so you'll want to check back regularly for new listings. About 36% of the listings in the Town Center are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 560 sqft. Most properties in this market are close to 5 floors. Most buildings in this region were built in 2001 and are Class B.

Town Center Community

Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Town Center folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Town Center.
Research