The typical asking rate per listing is in the $30's per square foot per year. The Town Center region is experiencing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Houston Metro market, the Town Center submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 32 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the available space in the Town Center 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 4,260 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 5 stories. Most buildings in this area were built in 2001 and are Class A.
Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Town Center occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.