Most listings are in the $10's per square foot per year. The Centre Business Park region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decline in rent.
Compared to the rest of the Houston Metro market, the Centre Business Park region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 34 listings have come on the market, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 94% of the listings in the Centre Business Park are subleases, so you might be able to snag a great spot on a short term. 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 680 sqft. Most properties in this market are close to 11 stories. Most buildings in this market were built in 1983 and are Class A.
This region is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Centre Business Park occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Centre Business Park.
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