Central Houston Office Space

Central Houston

Office Space Market Report

Number of Listings (last 90 days)
344
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,911
As of: December 8, 2016

Central Houston Rates

The typical asking rate per listing is in the $30's per square foot per year. The Central Houston region is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Houston Metro market, the Central Houston region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Central Houston Listing Supply

In the last 90 days, 344 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available leases in the Central Houston are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,911 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 6 stories. Most buildings in this area were built in 1975 and are Class B.

Central Houston Community

Market Report

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

Market Data

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

Houston Submarkets