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 Houston
office market
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Third Quarter 2007
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Class A Submarket |
Total*
Sq. Ft. |
Total
Vacant |
Vacancy
Rate |
Weighted**
Average
Rent |
|
Downtown |
30,452,944 |
2,576,374 |
8.5% |
$25.74 |
|
Energy Corridor |
8,863,686 |
352,435 |
4.0% |
$25.62 |
|
Fort Bend County |
3,296,972 |
244,596 |
7.4% |
$25.94 |
|
Greenspoint |
4,516,777 |
60,771 |
1.3% |
$20.58 |
|
Inner Loop |
11,877,772 |
1,275,581 |
10.7% |
$24.05 |
|
North/The
Woodlands/Conroe |
3,009,054 |
133,346 |
4.4% |
$27.95 |
|
Northwest |
1,161,471 |
93,266 |
8.0% |
$21.67 |
|
Southwest |
1,424,458 |
227,453 |
16.0% |
$18.40 |
|
Uptown |
16,756,008 |
1,285,560 |
7.7% |
$26.06 |
|
West |
2,687,463 |
165,665 |
6.2% |
$24.59 |
|
Westchase |
6,764,564 |
363,238 |
5.4% |
$23.25 |
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Source: Commercial Gateway |
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*Includes all general-purpose office buildings 20,000 square feet or
larger. | |
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**Rental rates are averaged and weighted based on available space. |
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Candace S. Baggett |
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Founder and President |
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cbaggett@thecalibregroup.com |
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The Calibre Group,
Inc. |
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2444 Times Boulevard
• Suite 310 •
Houston, Texas 77005-3243 |
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Telephone 713 739 7777 • Facsimile 713 739 7778
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This web site was designed to comply with the rules and regulations of the Texas
Real Estate Commission.
The Calibre Group, Inc. and Candace S. Baggett, real estate broker, are licensed
by the Texas Real Estate Commission. | |
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