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.

$32.31

Building Information

  • Building ParkContact For Info
  • Market NameHouston
  • Rentable Building Area105145
  • Submarket NameContact For Info

Financial Details

  • Year Built1978
  • IncentivesFree Rent, Improvement Allowance, Building Signage Available
  • Average Asking $/SF$32.31
  • Max # of Occupants263
  • Building ClassB
  • Typical Floor SizeContact For Info
  • Vacancy %22.48%
  • Min Contiguous SF500
  • Max Contiguous SF2955
  • Min Term (# of months)12
  • Max Term (# of months)60

What's Nearby?

Coffee Shops
  • Starbucks
  • Amille's Coffee
  • Barnaby's Cafe
Restaurants
  • The Grove
  • Downtown Aquarium
  • Flying Saucer Draught Emporium
Shopping Malls
  • The Shops at Houston Center
  • POST Houston
  • OXXO
Bars
  • The Whitehall Houston
  • Flying Saucer Draught Emporium
  • Warehouse Live
Banks
  • Wells Fargo Bank
  • Houston PT Bac Office LP
  • Capital One Bank
Transit Stations
  • Houston, TX
  • Pierce St @ Travis St
  • Louisiana St @ Clay St

Location