On average, listings lease in the $20's per square foot per year. The Northwest Crossing region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Houston Metro market, the Northwest Crossing submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 305 listings have been posted online, so you'll want to check back regularly for new listings. About 37% of the listings in the Northwest Crossing 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 640 sqft. Most properties in this region are approximately 6 stories. Most buildings in this region were built in 1981 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this region. Most of the occupants of Northwest Crossing work from home. Commuting under 5 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 Northwest Crossing.
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