Galveston Office Space

Galveston

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,530
As of: June 28, 2017

Galveston Rates

The typical asking rate per listing is in the $20's per square foot per year. The Galveston region is seeing a a boost in rates. In the last 3 months, the median rate rose $23 per sqft per year.

Compared to the rest of the Houston Metro market, the Galveston submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Galveston Listing Supply

In the last 90 days, 29 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 48% of the available leases in the Galveston 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.

The standard measurement for office space in this area is around 1,530 sqft. Most buildings in this market are close to 2 floors. Most buildings in this region were built in 1977 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