On average, listings lease in the $20's per square foot per year. The Fairbanks - Northwest Crossing region is going through a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.
Compared to the rest of the Houston Metro market, the Fairbanks - Northwest Crossing region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 187 listings have been made available, so you'll want to check back regularly for new listings. About 104% of the office spaces in the Fairbanks - Northwest Crossing are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 650 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1983 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Fairbanks - Northwest Crossing folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.