Downtown Galveston Industrial

Downtown Galveston

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,530
As of: August 18, 2017

Downtown Galveston Rates

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

Downtown Galveston Listing Supply

In the last 90 days, 15 listings have been made available, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 27% of the office spaces in the Downtown Galveston are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,530 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1973 and are Class B.

Downtown Galveston Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Galveston occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Galveston.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Galveston.
Research