2024 Office Space Rent & Sales
- $36.92 2024 Avg. Asking Rent
- 23.79% 2024 Office Vacancy Rate
The Woodlands office price per square foot in 2024 was $36.92 on average. The local office market recorded an average vacancy rate of 23.79% 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
- The Woodlands Class A & A+ Office Space$38.49
- The Woodlands Class B Office Space$28.31
- Texas Class A & A+ Office Space$38.26
- Texas Class B Office Space$24.71
- Texas Class C Office Space$19.84
The Woodlands, TX Office Asking Rents by Class
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2024 Office Construction in The Woodlands, TX
| Office building | Address | SF | Completed |
|---|---|---|---|
| Elysium at Westgate Crossing | 10110 Research Forest Drive, 77382 | 13,941 | 2024 |
| 8770 New Trails Drive | 8770 New Trails Drive, 77381 | 180,000 | 2020 |
| Research Forest Lakeside - Building 9 | 9709 Lakeside Blvd. - Building 9, 77381 | 137,939 | 2020 |
| Three Hughes Landing | 1780 Hughes Landing Blvd, 77380 | 321,000 | 2016 |
| Pinnacle Professional Building | 129 Vision Park Blvd, 77384 | 83,715 | 2016 |
| Hughes Landing - 1725 Hughes Landing Blvd | 1725 Hughes Landing Blvd, 77381 | 331,754 | 2015 |
| Hughes Landing - 1735 Hughes Landing Blvd | 1735 Hughes Landing Blvd, 77381 | 318,170 | 2015 |
| Black Forest Technology Park - 2829 Technology Forest Blvd | 2829 Technology Forest Blvd, 77381 | 81,865 | 2015 |
| The Woodlands Towers at The Waterway - 9950 Woodloch Forest Drive | 9950 Woodloch Forest Drive, 77380 | 595,000 | 2014 |
| Two Hughes Landing | 1790 Hughes Landing Blvd, 77380 | 197,714 | 2014 |
Worth noting among recent office completions on the The Woodlands market is Elysium at Westgate Crossing, which is currently the largest new office development in the city, at 13,941 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 The Woodlands 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.