The typical asking rate per listing is in the $30's per square foot per year. The Uptown-Galleria submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 9% rise in rent.
Compared to the rest of the Houston Metro market, the Uptown-Galleria submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 88 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available leases in the Uptown-Galleria 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.
Even though the median size is 3,090 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 11 floors. Most buildings in this region were built in 1978 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Uptown-Galleria occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.