Downtown Houston Sublease

Downtown Houston

Office Space Market Report

Number of Listings (last 90 days)
53
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
29,030
As of: May 20, 2017

Downtown Houston Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Houston submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 26% increase in rent.

Compared to the rest of the Houston Metro market, the Downtown Houston submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Downtown Houston Listing Supply

In the last 90 days, 53 listings have been listed, so you'll want to check back regularly for new listings. About 13% of the listings in the Downtown Houston 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.

Even though the median size is 29,030 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 15 stories. Most buildings in this region were built in 1962 and are Class A.

Downtown Houston Community

Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown Houston occupants. Commuting around an hour 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 Downtown Houston.
Market Report

Market Data

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

Houston Submarkets