Most listings are in the $20's per square foot per year. The London Lane Apt region is seeing a a boost in rates. In the last 3 months, the median rate rose $25 per sqft per year.
Compared to the rest of the Houston Metro market, the London Lane Apt region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the London Lane Apt 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,750 sqft. Most properties in this region are approximately 8 floors. Most buildings in this area were built in 1979 and are Class B.
Public administration is the dominant industry in this market. Most of the residents of London Lane Apt work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.