Briarforest Sublease

Briarforest

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,930
As of: June 24, 2017

Briarforest Rates

On average, listings lease in the $10's per square foot per year. The Briarforest submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year.

Compared to the rest of the Houston Metro market, the Briarforest submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Briarforest Listing Supply

In the last 90 days, 7 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 386% of the available leases in the Briarforest are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,930 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built in 1982 and are Class B.

Briarforest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Briarforest folk. Commuting between 30 and 45 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 Briarforest.
Market Report

Market Data

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

Houston Submarkets