On average, listings lease in the $30's per square foot per year. The Great Uptown submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the Houston Metro market, the Great Uptown region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 190 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Great Uptown 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.
The standard measurement for office space in this area is around 2,340 sqft. Most properties in this market are approximately 9 stories. Most buildings in this region were built in 1979 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Great Uptown residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.