University Place Industrial

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

University Place

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,740
As of: June 25, 2017

University Place Rates

The typical asking rate per listing is in the $30's per square foot per year. The University Place region is going through a an increase in rates. In the last 3 months, the median rate increased $36 per sqft per year.

Compared to the rest of the Houston Metro market, the University Place region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

University Place Listing Supply

In the last 90 days, 13 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 38% of the available space in the University Place 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 2,740 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1968 and are Class B.

University Place Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst University Place residents. 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 University Place.
Market Report

Market Data

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

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