Greater Greenspoint Industrial

Greater Greenspoint

Office Space Market Report

Number of Listings (last 90 days)
250
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,780
As of: March 11, 2017

Greater Greenspoint Rates

On average, listings lease in the $10's per square foot per year. The Greater Greenspoint submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.

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

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 1% of the listings in the Greater Greenspoint are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,780 sqft. Most properties in this area are approximately 4 floors. Most buildings in this region 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 region. Commute by bike is the most popular way to get to work amongst Greater Greenspoint occupants. Commuting around 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