Energy Corridor Office Space

Energy Corridor

Office Space Market Report

Number of Listings (last 90 days)
155
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
7,920
As of: July 24, 2017

Energy Corridor Rates

On average, listings lease in the $20's per square foot per year. The Energy Corridor region is experiencing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% increase in rent.

Compared to the rest of the Houston Metro market, the Energy Corridor submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Energy Corridor Listing Supply

In the last 90 days, 155 listings have been posted online, so you'll want to check back regularly for new listings. About 23% of the listings in the Energy Corridor 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 posted, so finding a space for a small business might be tough.

Even though the median size is 7,050 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this area were built in 1983 and are Class A.

Energy Corridor Community

This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Energy Corridor folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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

Houston Submarkets