Northwest Crossing Retail

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Northwest Crossing

Office Space Market Report

Number of Listings (last 90 days)
66
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
630
As of: June 26, 2017

Northwest Crossing Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Crossing submarket is going through a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Compared to the rest of the Houston Metro market, the Northwest Crossing region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Northwest Crossing Listing Supply

In the last 90 days, 66 listings have been listed, so you'll want to check back regularly for new listings. About 108% of the office spaces in the 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 630 sqft. Most properties in this area are approximately 6 floors. Most buildings in this region were built in 1981 and are Class B.

Northwest Crossing Community

A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the occupants of Northwest Crossing work from home. 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 Northwest Crossing.
Market Report

Market Data

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

Houston Submarkets