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 ParkContact For Info
- Market NameHouston
- Rentable Building Area105145
- Submarket NameContact For Info
- Year Built1978
- Building ClassB
- Vacancy %22.48%
- Min Contiguous SF500
- Max Contiguous SF2955
Financial Details
- IncentivesFree Rent, Improvement Allowance, Building Signage Available
- Average Asking $/SF$32.31
- Max # of Occupants263
- Typical Floor SizeContact For Info
- Min Term (# of months)12
- Max Term (# of months)60
What's Nearby?
Coffee Shops
- Starbucks
- Amilles Coffee
- Baoz Dumplings
Restaurants
- The Grove
- Downtown Aquarium
- Flying Saucer Draught Emporium
Shopping Malls
- The Shops at Houston Center
- POST Houston
- OXXO
Bars
- The Whitehall Houston
- House of Blues Houston
- Flying Saucer Draught Emporium
Banks
- Wells Fargo Bank
- Wells Fargo Bank
- Houston PT Bac Office LP
Transit Stations
- Houston Amtrak Station
- Pierce St @ Travis St
- Louisiana St @ Clay St