Uptown-Galleria Retail

Uptown-Galleria

Office Space Market Report

Number of Listings (last 90 days)
83
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,980
As of: February 19, 2017

Uptown-Galleria Rates

The typical asking rate per listing is in the $30's per square foot per year. The Uptown-Galleria submarket is going through a a boost in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% increase in rent.

Compared to the rest of the Houston Metro market, the Uptown-Galleria submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Uptown-Galleria Listing Supply

In the last 90 days, 83 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available space in the Uptown-Galleria are subleases, so you will probably have to focus your search on direct office leases. 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 2,980 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 11 stories. Most buildings in this market were built in 1978 and are Class A.

Uptown-Galleria Community

This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Uptown-Galleria folk. Commuting approximately 10 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 Uptown-Galleria.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Uptown-Galleria.
Research

Houston Submarkets