Briarforest Retail

Briarforest

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
3,020
As of: December 4, 2016

Briarforest Rates

On average, listings lease in the $20's per square foot per year. The Briarforest region is going through a a rise in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 28% increase in rent.

Compared to the rest of the Houston Metro market, the Briarforest submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.

Briarforest Listing Supply

In the last 90 days, 7 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,020 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 6 floors. Most buildings in this region were built in 1982 and are Class B.

Briarforest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Briarforest residents. Commuting between 30 and 45 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 Briarforest.
Market Report

Market Data

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

Houston Submarkets