Uptown-Galleria Office Space

Park Towers- South Listing
Houston, TX
# Park Towers South 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

Uptown-Galleria

Office Space Market Report

Number of Listings (last 90 days)
139
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,420
As of: December 10, 2016

Uptown-Galleria Rates

On average, listings lease in the $20's per square foot per year. The Uptown-Galleria region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Houston Metro market, the Uptown-Galleria region has greater rates, and you'll need to make a great offer to be in this hot region.

Uptown-Galleria Listing Supply

In the last 90 days, 135 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available space in the Uptown-Galleria are subleases, so you might be able to snag a great spot on a short term. 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 4,420 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 11 stories. Most buildings in this market were built in 1978 and are Class A.

Uptown-Galleria Community

This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Uptown-Galleria folk. Commuting around 10 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 Uptown-Galleria.
Market Report

Market Data

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

Houston Submarkets