Memorial Industrial

We couldn't find any industrial spaces for Lease and Sublease

Memorial

Office Space Market Report

Number of Listings (last 90 days)
39
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
2,290
As of: January 17, 2017

Memorial Rates

Most listings are in the $30's per square foot per year. The Memorial submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 27% increase in rent.

Compared to the rest of the Houston Metro market, the Memorial submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Memorial Listing Supply

In the last 90 days, 39 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 3% of the available space in the Memorial 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,290 sqft. Most buildings in this area are approximately 7 floors. Most buildings in this area were built in 1983 and are Class A.

Memorial Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst Memorial folk. Commuting around an hour 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 Memorial.
Market Report

Market Data

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

Houston Submarkets