2024 Office Space Rent & Sales
- $28.58 2024 Avg. Asking Rent
- 25.71% 2024 Office Vacancy Rate
Katy office price per square foot in 2024 was $28.58 on average. The local office market recorded an average vacancy rate of 25.71% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Texas Class A & A+ Office Space$38.26
- Texas Class B Office Space$24.71
- Texas Class C Office Space$19.84
Katy, TX Office Asking Rents by Class
2024 Office Vacancy Rates in Katy
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Energy Corridor | $27.42 | 25.69% |
| West Houston | $26.28 | 16.67% |
Coworking Spaces in Texas
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2024 Office Construction in Katy, TX
- Katy, TX Total SF under construction in 2025 318,413
| Office building | Address | SF | Completed |
|---|---|---|---|
| Firethorne Business Office Center | 28111 South Firethorne Road, 77494 | 41,986 | 2025 |
| 28111 South Firethorne Road #301 | 28111 South Firethorne Road, 77494 | 1,225 | 2025 |
| 3107 Elrod Rd - Offices at Pinewoods 3107, Katy/Grand Parkway West Submarket - Office | 3107 Elrod Road, 77449 | 2,600 | 2022 |
| Newmark Homes Houston | 23033 Grand Circle Blvd, 77449 | 25,768 | 2017 |
| 21927 Clay Rd | 21927 Clay Rd, 77449 | 20,388 | 2017 |
| 1437 FM 1463 Rd | 1437 FM 1463 Rd, 77494 | 16,440 | 2017 |
| 23537 Kingsland Blvd | 23537 Kingsland Boulevard, 77494 | 11,900 | 2017 |
| Grandway West II | 2002 West Grand Pkwy, 77449 | 124,017 | 2016 |
| 440 Cobia Drive #1404 | 440 Cobia Drive, 77494 | 1,225 | 2016 |
| Katy Ranch I | 24275 Katy Fwy, 77494 | 151,187 | 2015 |
Worth noting among recent office completions on the Katy market is Firethorne Business Office Center, which is currently the largest new office development in the city, at 41,986 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Katy commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.