The typical asking rate per listing is in the $10's per square foot per year. The Towne Center submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Houston Metro market, the Towne Center submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 2 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 5,350 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area were built in 0.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Towne Center occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.