Memorial Commercial Real Estate

Eleven Five Eleven - Unit 511 Memorial, Houston, TX furniture negotiable
Aug 08
1,740
sqft
Sublease Office
Eleven Five Eleven - 3 Spaces Memorial, Houston, TX HVAC
Jun 10
460 - 1,060
sqft
Office
840 Gessner Rd - Space Houston, TX  
Jun 09
24,190
sqft
Sublease Office
9805 Katy Fwy - Floor 9 Memorial, Houston, TX rental rate negotiable
Apr 27
3,280
sqft
Sublease Office
Eleven Five Eleven - 2 Spaces Memorial, Houston, TX HVAC
Apr 03
1,860 - 2,300
sqft
Office

Memorial

Market Report

Number of Listings
Posted in the last 90 days
16
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,310

Memorial Rates

Most listings are in the $20's per square foot per year. The Memorial region is experiencing a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 41% rise in rent.

Compared to the rest of the Houston Metro market, the Memorial submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Memorial Listing Supply

In the last 90 days, 219 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the available space in the Memorial are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,310 sqft. Most buildings in this region are close to 7 stories. Most buildings in this region were built in 1982 and are Class A.

Memorial Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by taxi is the most popular way to get to work amongst Memorial folk. Commuting approximately an hour 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 Memorial.
Research