Downtown Houston (CBD)

The Downtown market contains approximately 160 office buildings in the submarket, comprising a total of 50,560,000 rentable square feet. With the vacancy traditionally at 19%, this is a good market for office building investors. Quoted rents are trending in the $39-$40 per square foot range and are likely to increase over the coming years. Downtown is in the heart of Houston, encircled by I-45, I-69, and I-10. Downtown is a heavy office market with a large industrial market on the outskirts. The community is served by the Houston ISD. Population is estimated to be 10,000.

Building Information

  • Building Park
  • Market NameHouston
  • Rentable Building Area96012
  • Submarket NameCBD

Financial Details

  • Year BuiltContact For Info
  • IncentivesFree Rent, Improvement Allowance, Building Signage Available
  • Average Asking $/SF
  • Max # of Occupants240
  • Building ClassB
  • Typical Floor SizeContact For Info
  • Vacancy %22.48%
  • Min Contiguous SF500
  • Max Contiguous SF1962
  • Min Term (# of months)12
  • Max Term (# of months)60

What's Nearby?

Coffee Shops
Shopping Malls
  • GreenStreet
  • The Shops at Houston Center
  • OXXO
  • Wells Fargo Bank
  • Wells Fargo Bank
  • IBC Bank
Transit Stations
  • Houston, TX
  • Pierce St @ Travis St
  • 815 Pierce St near Travis St