Greater Greenspoint Industrial

Greater Greenspoint

Office Space Market Report

Number of Listings (last 90 days)
250
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,000
As of: July 22, 2017

Greater Greenspoint Rates

The typical asking rate per listing is in the $10's per square foot per year. The Greater Greenspoint region is seeing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 16% increase in rent.

Compared to the rest of the Houston Metro market, the Greater Greenspoint submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Greater Greenspoint Listing Supply

In the last 90 days, 250 listings have come on the market, so you'll want to check back regularly for new listings. About 54% of the available leases in the Greater Greenspoint are subleases, so you might be able to snag a great spot on a short term. 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 1,330 sqft. Most buildings in this market are close to 4 stories. Most buildings in this market were built in 1982 and are Class B.

Greater Greenspoint Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Greater Greenspoint 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 Greater Greenspoint.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Greater Greenspoint.
Research

Houston Submarkets