GALLERIA AREA

As Houston’s second largest office submarket, The Galleria has one of the metro area’s most diverse tenant bases. Moreover, The Galleria is also a highly coveted office submarket. Overall, the Galleria goes against the prevailing real estate trends. While asking rents have increased, vacancy and sublease space have also decreased. Furthermore, it is one of several submarkets (like the CBD, The Woodlands, and Greenway) whose average vacancy rates are typically lower than the Houston metro area’s average vacancy rates.

The Galleria attracts tenants for a number of reasons. Firstly, there are many amenities in the area. Secondly, the submarket has an ideal location along the West Loop. Thirdly, this is one of central Houston’s most employment-centric submarkets. On top of that, The Galleria has consistently low vacancy rates. Specifically, current vacancy in the Galleria/Uptown office real estate market is about 16%. What’s more, the average annual commercial office leasing rates hover around $37.00 per SF. Most importantly, there are almost 65 commercial office buildings in the submarket. And within these buildings are almost 17 million SF of net rentable office space.

$31.02

Building Information

  • Building ParkContact For Info
  • Market NameHouston
  • Rentable Building Area110388
  • Submarket NameContact For Info

Financial Details

  • Year Built1978
  • IncentivesFree Rent, Improvement Allowance, Building Signage Available
  • Average Asking $/SF$31.02
  • Max # of Occupants145
  • Building ClassB
  • Typical Floor SizeContact For Info
  • Vacancy %11.85%
  • Min Contiguous SF500
  • Max Contiguous SF4359
  • Min Term (# of months)12
  • Max Term (# of months)60

What's Nearby?

Coffee Shops
  • Starbucks
  • la Madeleine French Bakery & Café
  • Cafe Express
Restaurants
  • The Houstonian Hotel, Club & Spa
  • Maggiano's Little Italy
  • Subway Restaurants
Shopping Malls
  • The Galleria
  • Sunglass Hut at Macy's
  • Sage Plaza Shopping Center
Bars
  • Maggiano's Little Italy
  • The Tasting Room - Uptown Park
  • Chama Gaúcha Brazilian Steakhouse
Banks
  • Third Coast Bank SSB
  • IBC Bank
  • Bank of America Financial Center
Transit Stations
  • Sage Rd @ Chevy Chase Dr
  • Sage Rd @ Meadow Lake Ln
  • Post Oak Blvd @ Guilford CT

Location