On average, listings lease in the $10's per square foot per year. The Towne Center submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Houston Metro market, the Towne Center submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 2 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the available space in the Towne Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,350 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region were built in 0.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Towne Center folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.