Houston, TX Office Space for Rent
The Houston office market has repeatedly and successfully weathered both literal and figurative storms, by its readiness to embrace transformations. By not limiting the city's economy to its traditional energy sector, Houston has managed to increasingly diversify its economic base, while at the same time preserving its strongest underlying fundamentals — a comparatively low cost of living, and steady household growth. The city's commitment to flexibility and progress hold notable weight toward the compatitive potential of the Houston office market, both nationally and internationally.See our listings
Recently added office space listings
With an office availabilities rounding up to 60,189,636 square feet, Houston is a market in which it would be hard to not find a space that fits the needs of your new or growing enterprise. The local listing inventory includes spaces that range in size from 36 square feet to 476,500 square feet, and can be adapted for the use of business tenants in any industry. See listing details and property data for 7,699 office spaces for rent in Houston, with rents of $18.89 per square foot per year, on average.
4 Spaces / 26,817 Sqft
Galleria Tower 3
24 Spaces / 155,058 Sqft
15 Spaces / 151,458 Sqft
One Buffalo Heights
3 Spaces / 35,363 Sqft
13 Spaces / 231,666 Sqft
11 Spaces / 137,333 Sqft
5 Spaces / 143,951 Sqft
1500 CityWest Blvd
9 Spaces / 78,794 Sqft
Wells Fargo Bank Building
14 Spaces / 49,646 Sqft
Houston Office Space Market Stats
Even though the city's economy was built on oil money, the city has, over time, significantly expanded its mix of industries and nurtured strong office and retail sectors to absorb the opportunities of modern trends. The Houston market's strong fundamentals secure its position among top investment destinations, time and time again.
Office space for rent in Houston boasts plenty of diversity. Local listings encompass 60,189,636 square feet across 7,699 spaces of all building classes. Availabilities vary in size from 36 square feet and 476,500 square feet — Houston office space can accommodate both those looking to lease small offices, as well as those seeking or large, complex space. The average rent across the inventory is $18.89 per square foot per year, with rents starting at $4.00 per square foot per year.
Office properties with vacancies listed include 12 class A+ and 425 class A buildings. Rents for class A office space average $22.82 per square foot per year, while class A+ rentals command $29.13 per square foot per year. The 927 class B office properties listed locally average a rental rate of $18.91 per square foot per year, while the average rental rate for class C office space in Houston averages $15.44 per square foot per year.
Commercial real estate news
From our blog
July 15, 2020
Lyda Hill Philanthropies and J. Small Investments recently announced their future-focused redevelopment plans for Pegasus Park. The project aims to boost the science and tech scenes in Dallas and turn the former ExxonMobil campus into a hub for innovation and social influence.Read more
July 7, 2020
Richmond, Va.-based commercial real estate investment firm Lingerfeld Commonwealth Partners (LCP) recently announced the sale of Buschwood III in Tampa, Fla., to fellow Virginia-based company Continental Capital Partners (CCP). The sale price was reported to be $10.35 million.Read more
July 3, 2020
Rexford Industrial Realty Inc., a real estate investment trust (REIT) focused on investing in and operating property in Southern California infill markets, recently completed the purchase of a five-property portfolio for $73.2 million. The acquisition incorporates 434,000 square feet of both value-add and institutional-quality assets.Read more