Town Center Sublease

Town Center

Office Space Market Report

Number of Listings (last 90 days)
51
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
5,620
As of: June 28, 2017

Town Center Rates

Most listings are in the $40's per square foot per year. The Town Center region is going through a a rise in rates. In the last 3 months, the median rate went up $42 per sqft per year.

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

Town Center Listing Supply

In the last 90 days, 51 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Town Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 5 floors. Most buildings in this area were built in 2001 and are Class B.

Town Center Community

Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Town Center folk. Commuting under 5 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 Town Center.
Market Report

Market Data

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