Home > Uncategorized > Houston office market report 1Q 2010

Houston office market report 1Q 2010

Photo by J-A-X

(Houston) – Grubb & Ellis has released the First Quarter 2010 edition of its Office Trends Report. 

Submarket*

Total SF

Vacant %

SF Under
Construction

Asking Rent
Class A

Central Downtown

35,345,454

12.2

1,817,237

$36.54

Far Southwest

6,421,985

19.2

 

$16.00

Greenspoint IAH/
North Belt

11,521,747

16.5

 

$22.75

Greenway

9,607,168

16.3

 

$28.24

Katy Fwy.

19,907,988

18.4

 

$28.71

Northwest Fwy.

10,828,325

28.8

 

$25.60

Uptown/Galleria

29,517,842

12.8

 

$30.82

Westchase

13,218,657

19.5

 

$27.25

*Only submakets with largest total sf are included.

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