Most listings are in the $20's per square foot per year. The Research Forest region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Houston Metro market, the Research Forest region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Research Forest are subleases, so you might be able to find a shorter term or below market rent. 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 2,360 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 2002 and are Class B.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Research Forest folk. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.