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The Downtown district has over 35 million SF of office space in a wide variety of sizes. This makes the area attractive for everything from large corporations to smaller startups with monthly rents averaging about $30/SF. Private investment is spurring much of the Plan Downtown expansion and renovation initiative that will ultimately add approximately 20% more jobs to the area by its completion in 2019. Meanwhile, office space in The Woodlands matches the diverse employer base with a wide variety of sizes in traditional office, flex, industrial, co-working, and Class A space. Average rents also vary according to the product type and class but Class A space is typically found between $25-$27 SF (triple net) and accompanying $13-$15 SF in operating expenses. Parking is generally good at most locations but can also vary by location.
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Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Baytown | 1,400 | $1.00 / SF | < 30 |
Clear Lake | 1,300 | $1.54 / SF | 288 |
Conroe | 1,500 | $1.76 / SF | 54 |
Copperfield Place | 700 | $1.93 / SF | < 30 |
Cypress Station | 1,300 | $1.23 / SF | 78 |
Dickinson | 2,700 | $1.17 / SF | < 30 |
Downtown | 6,300 | $2.13 / SF | 1,205 |
East Downtown | 2,500 | $2.14 / SF | < 30 |
Energy Corridor | 3,700 | $1.83 / SF | 418 |
Galleria | 2,600 | $1.88 / SF | 1,142 |
Galveston | 900 | $1.14 / SF | < 30 |
Greater Greenspoint | 1,300 | $1.16 / SF | 666 |
Greenway | 1,300 | $1.16 / SF | 666 |
Gulfton | 1,700 | $1.94 / SF | 198 |
Humble | 2,700 | $1.54 / SF | 51 |
Hwy 290/North Loop | 1,700 | $1.60 / SF | 235 |
Katy Freeway | 3,700 | $1.83 / SF | 418 |
Lazybrook | 1,300 | $1.39 / SF | 213 |
League City | 1,100 | $1.48 / SF | 320 |
Magnolia | 800 | $1.28 / SF | < 30 |
Meadows Place | 700 | $1.66 / SF | 787 |
Midtown | 800 | $2.27 / SF | 177 |
Mission Bend | - | - | < 30 |
Missouri CIty | 2,200 | $2.11 / SF | < 30 |
Montrose | 2,500 | $2.39 / SF | 194 |
Pasadena | 2,600 | $2.14 / SF | 57 |
Pearland | 1,600 | $1.83 / SF | 56 |
Second Ward | 2,500 | $1.99 / SF | < 30 |
Sharpstown | 500 | $1.42 / SF | 640 |
South Houston | 1,500 | $1.26 / SF | 90 |
Southwest Houston | 800 | $1.63 / SF | 974 |
Spring | 1,600 | $1.29 / SF | 141 |
Sugar Land | 1,300 | $1.76 / SF | 450 |
Texas City | 2,000 | $0.92 / SF | < 30 |
The Woodlands | 1,800 | $1.77 / SF | 531 |
Timbergrove | 1,300 | $1.39 / SF | 213 |
Upper Kirby | 1,300 | $1.16 / SF | 666 |
Uptown | 2,600 | $1.87 / SF | 905 |
Westchase | 2,300 | $1.52 / SF | 534 |
Willowbrook | 2,700 | $1.44 / SF | 142 |