Great Uptown Office Space

Park Towers- South Listing
Houston, TX
Park Towers is located in the Galleria/Uptown submarket of Houston, and enjoys immediate access to a host of upscale dining, shopping and entertainment venues. With 360 degree access in and out of the property, Park Towers offers immediate accessibility to all of the surrounding business districts. 159,787 SF of available space.  Full floor availabilities includes floors 13 through 17 with 22,250 SF floor plates. Multi-Tenant Floor Availabilities: Floor 12- 2,784 SF, Floor 10- 2,123 SF, Floor 7- 20,314 SF, Floor 1- 1,066 SF.    **MULTI-MILLION DOLLAR CAPITAL REDEVELOPMENT UNDERWAY TO ENHANCE TENANT EXPERIENCE** _TPMC Unveils Plans for Fitness Facility, Conference Center, Restrooms, Elevator Modernization and Two Brand New Lobbies_ TPMC Realty Corp (TPMC) announced a $16+ million redevelopment of Park Towers, the iconic two towers in Uptown located at 610 and Post Oak Blvd. This positions Park Towers as one of the most significant office redevelopments occurring in Houston this year. “Park Towers has reinvented the Houston office environment by providing a 360-degree high-end suite of amenities which fulfill tenants needs and enhance their overall daily work experience,” notes Steven M. Seltzer, COO and EVP of TPMC, developer and manager of Park Towers. The dramatic transformation of Park Towers extends to all tenant common areas from elevator bank corridors and world-class restrooms; to the concierge style lobby of each building, high performance fitness facility, tech savvy conference center, and a state-of-the-art elevator modernization. Features - Redevelopment of tenant-only amenities including: - Luxury concierge styled lobby - High performance fitness facility - Tech savvy conference center - World-class restrooms - In-building dining and catering - Panoramic views of Uptown and Downtown - Immediate Memorial Park access - 360 degree commuter access - LEED Gold and developed sustainably
Park Towers- North Listing
Houston, TX
# Park Towers North Park Towers is located in the Galleria/Uptown submarket of Houston, and enjoys immediate access to a host of upscale dining, shopping and entertainment venues. With 360 degree access in and out of the property, Park Towers offers immediate accessibility to all of the surrounding business districts. 159,787 SF of available space.  Full floor availabilities includes floors 13 through 17 with 22,250 SF floor plates. Multi-Tenant Floor Availabilities: Floor 12- 2,784 SF, Floor 10- 2,123 SF, Floor 7- 20,314 SF, Floor 1- 1,066 SF.    **MULTI-MILLION DOLLAR CAPITAL REDEVELOPMENT UNDERWAY TO ENHANCE TENANT EXPERIENCE** _TPMC Unveils Plans for Fitness Facility, Conference Center, Restrooms, Elevator Modernization and Two Brand New Lobbies_ TPMC Realty Corp (TPMC) announced a $16+ million redevelopment of Park Towers, the iconic two towers in Uptown located at 610 and Post Oak Blvd. This positions Park Towers as one of the most significant office redevelopments occurring in Houston this year. “Park Towers has reinvented the Houston office environment by providing a 360-degree high-end suite of amenities which fulfill tenants needs and enhance their overall daily work experience,” notes Steven M. Seltzer, COO and EVP of TPMC, developer and manager of Park Towers. The dramatic transformation of Park Towers extends to all tenant common areas from elevator bank corridors and world-class restrooms; to the concierge style lobby of each building, high performance fitness facility, tech savvy conference center, and a state-of-the-art elevator modernization. Features - Redevelopment of tenant-only amenities including: - Luxury concierge styled lobby - High performance fitness facility - Tech savvy conference center - World-class restrooms - In-building dining and catering - Panoramic views of Uptown and Downtown - Immediate Memorial Park access - 360 degree commuter access - LEED Gold and developed sustainably

Great Uptown

Office Space Market Report

Number of Listings (last 90 days)
201
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,640
As of: December 3, 2016

Great Uptown Rates

On average, listings lease in the $20's per square foot per year. The Great Uptown region is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.

Compared to the rest of the Houston Metro market, the Great Uptown submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Great Uptown Listing Supply

In the last 90 days, 222 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Great Uptown are subleases, so you will probably have to consider a longer term lease. 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 3,770 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 9 floors. Most buildings in this region were built in 1979 and are Class B.

Great Uptown Community

A large portion of this market is residential, but there's plenty of office_space. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Great Uptown folk. Commuting under 5 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 Great Uptown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Great Uptown.
Research

Houston Submarkets