On average, listings lease in the $20's per square foot per year. The Fairbanks - Northwest Crossing region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Houston Metro market, the Fairbanks - Northwest Crossing submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 187 listings have been made available, so you'll want to check back regularly for new listings. About 74% of the office spaces in the Fairbanks - Northwest Crossing 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 650 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1983 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Fairbanks - Northwest Crossing folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.