Midtown Office Space

Midtown

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
4,450
As of: May 24, 2017

Midtown Rates

Most listings are in the $30's per square foot per year. The Midtown region is seeing a a rise in rates. In the last 3 months, the median rate rose $37 per sqft per year.

Compared to the rest of the Houston Metro market, the Midtown submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Midtown Listing Supply

In the last 90 days, 2 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,450 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1966 and are Class B.

Midtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Midtown residents. Commuting between 20 and 25 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 Midtown.
Market Report

Market Data

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

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