Midtown Industrial

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

Midtown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
4,450
As of: August 21, 2017

Midtown Rates

Most listings are in the $20's per square foot per year. The Midtown submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 30% decline in rent.

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

Midtown Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 250% of the available space in the Midtown 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.

Even though the median size is 4,450 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1966 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Midtown occupants. Commuting between 20 and 25 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 Midtown.
Market Report

Market Data

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

Houston Submarkets