Start your Houston Office Space For Rent search with Squarefoot. A team of trusted commercial real estate experts armed with our own technology to help guide you from initial inquiry to lease signing and beyond.
Houston, with a population of more than 2.3 million, is the seat of Harris County and the largest city in the nation by total area. Houston boasts 212.8 million square feet of total office inventory, making it the sixth-largest office market in the nation. In 2018, Houston had the seventh-highest GDP in the nation at $478.8 billion, trailing only New York, Los Angeles, Chicago, San Francisco, Washington, and Dallas-Ft. Worth. While the energy industry reigns supreme and plays a significant role in dictating economic stability, a large portion of the…
Show more >Start your Houston Office Space For Rent search with Squarefoot. A team of trusted commercial real estate experts armed with our own technology to help guide you from initial inquiry to lease signing and beyond.
Houston, with a population of more than 2.3 million, is the seat of Harris County and the largest city in the nation by total area. Houston boasts 212.8 million square feet of total office inventory, making it the sixth-largest office market in the nation. In 2018, Houston had the seventh-highest GDP in the nation at $478.8 billion, trailing only New York, Los Angeles, Chicago, San Francisco, Washington, and Dallas-Ft. Worth. While the energy industry reigns supreme and plays a significant role in dictating economic stability, a large portion of the remaining Houston office space market is occupied by technology, shipping, biomedical research, aeronautics, manufacturing, healthcare, e-commerce, and media companies.
In Q4 of 2019, the Houston, Texas, office market achieved the most positive net absorption recorded in one quarter in the past two decades. Houston’s office market is typically dominated by changes in the oil and gas industry, and the energy downturn accounted for notable occupancy losses; direct vacancy was just above 20 percent at the end of the year, according to JLL’s office insights. The office market prognosis for Houston looks good, especially because of the addition of new mixed-use developments and the renovation of office buildings.
Houston, Texas
United States
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Houston, Texas
United States
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