On average, listings lease in the $20's per square foot per year. The Bay Steet Gardens submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $28 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Houston Metro market, the Bay Steet Gardens region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 930 sqft. Most buildings in this region were built in 2003.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Bay Steet Gardens occupants. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.