Towne Center Retail

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Towne Center

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
5,350
As of: January 17, 2017

Towne Center Rates

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.

Towne Center Listing Supply

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.

Towne Center Community

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.

Market Report

Trends and status of the commercial real estate market in Towne Center.
Market Report

Market Data

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

Conroe Submarkets