Most listings are in the $20's per square foot per year. The Market Place at Sugar Land region is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Houston Metro market, the Market Place at Sugar Land submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Market Place at Sugar Land 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 available, so finding a space for a small business might be tough.
Even though the median size is 11,050 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 8 floors. Most buildings in this region were built in 2009 and are Class A.
Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Market Place at Sugar Land residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.