Town Center Industrial

Town Center

Office Space Market Report

Number of Listings (last 90 days)
51
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
560
As of: July 21, 2017

Town Center Rates

On average, listings lease in the $40's per square foot per year. The Town Center region is experiencing a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 32% rise in rent.

Compared to the rest of the Houston Metro market, the Town Center submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Town Center Listing Supply

In the last 90 days, 51 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Town Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,620 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this area were built in 2001 and are Class B.

Town Center Community

Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Town Center folk. Commuting under 5 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 Town Center.
Market Report

Market Data

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