On average, listings lease in the $20's per square foot per year. The Northwest Crossing region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Houston Metro market, the Northwest Crossing region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 66 listings have come on the market, so you'll want to check back regularly for new listings. About 173% of the available leases in the 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 580 sqft. Most properties in this market are approximately 6 floors. Most buildings in this region were built in 1981 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Most of the occupants of Northwest Crossing work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.