Uptown-Galleria Retail

Uptown-Galleria

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,540
As of: December 3, 2016

Uptown-Galleria Rates

Most listings are in the $20's per square foot per year. The Uptown-Galleria region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Houston Metro market, the Uptown-Galleria region 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, 133 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the available leases in the Uptown-Galleria are subleases, so you might be able to snag a great spot on a short term. 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 4,540 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 11 stories. Most buildings in this area 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 region. Commute by car is the most popular way to get to work amongst Uptown-Galleria occupants. Commuting around 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