Fairbanks - Northwest Crossing Office Space

Fairbanks - Northwest Crossing

Office Space Market Report

Number of Listings (last 90 days)
509
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
650
As of: August 17, 2017

Fairbanks - Northwest Crossing Rates

On average, listings lease in the $20's per square foot per year. The Fairbanks - Northwest Crossing region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the Houston Metro market, the Fairbanks - Northwest Crossing region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Fairbanks - Northwest Crossing Listing Supply

In the last 90 days, 187 listings have been made available, so you'll want to check back regularly for new listings. About 104% of the office spaces in the Fairbanks - Northwest Crossing 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.

The standard measurement for office space in this area is around 650 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1983 and are Class B.

Fairbanks - Northwest Crossing Community

A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fairbanks - Northwest Crossing folk. Commuting around 15 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 Fairbanks - Northwest Crossing.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fairbanks - Northwest Crossing.
Research

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