Galveston Office Space

Galveston

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,300
As of: January 19, 2017

Galveston Rates

The typical asking rate per listing is in the $10's per square foot per year. The Galveston region is going through a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 33% decline in rent.

Compared to the rest of the Houston Metro market, the Galveston region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Galveston Listing Supply

In the last 90 days, 5 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,290 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1973 and are Class B.

Galveston Community

Market Report

Trends and status of the commercial real estate market in Galveston.
Market Report

Market Data

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