Greenspoint North of Houston, surrounding the intersection of I-45 and Beltway 8 is the Greenspoint/North Belt submarket. This 12-square-mile area has approximately 115 commercial office buildings and 10,846,198 SF of rentable office space. Greenspoint has one of Houston’s highest office vacancy rates, approximately 44%. Average quoted annual office leasing rates are around $20.00 per SF.
