Energy Corridor Industrial

Energy Corridor

Office Space Market Report

Number of Listings (last 90 days)
860
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
370
As of: August 22, 2017

Energy Corridor Rates

The typical asking rate per listing is in the $30's per square foot per year. The Energy Corridor region is experiencing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 52% rise in rent.

Compared to the rest of the Houston Metro market, the Energy Corridor submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Energy Corridor Listing Supply

In the last 90 days, 155 listings have been listed, so you'll want to check back regularly for new listings. About 67% of the office spaces in the Energy Corridor 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 490 sqft. Most properties in this region are around 5 stories. Most buildings in this market were built in 1983 and are Class A.

Energy Corridor Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Energy Corridor occupants. Commuting close to 30 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 Energy Corridor.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Energy Corridor.
Research

Houston Submarkets