Research Forest Sublease

Research Forest

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
6,200
As of: February 24, 2017

Research Forest Rates

Most listings are in the $30's per square foot per year. The Research Forest region is going through a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 52% increase in rent.

Compared to the rest of the Houston Metro market, the Research Forest submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Research Forest Listing Supply

In the last 90 days, 5 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the available leases in the Research Forest 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,200 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 4 floors. Most buildings in this market were built in 1999 and are Class B.

Research Forest Community

This market is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Research Forest residents. Commuting close to 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 Research Forest.
Market Report

Market Data

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