2021 Office Space Rent & Sales
- $30.55 2021 Avg. Asking Rent
- -4.20% Y-o-Y Avg. Asking Rent Change
- 16.83% 2021 Office Vacancy Rate
Pearland office price per square foot in 2021 was $30.55 on average. This marked a -4.20% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 16.83% across all asset classes combined.
Average Rent by Office Class
2021 Average Office Rent per Square Foot
- Pearland Class A & A+ Office Space$38.01
- Pearland Class B Office Space$28.89
- Texas Class A & A+ Office Space$35.57
- Texas Class B Office Space$23.85
- Texas Class C Office Space$18.04
Pearland, TX Office Asking Rents by Class
Coworking Spaces in Texas
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2021 Office Construction in Pearland, TX
- Pearland, TX Total SF completed in 2021 48,400
During 2021, 48,400 square feet of new office space were delivered across the market. At the close of 2021, the Pearland office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 48,400 square feet of office space.
Office building | Address | SF | Completed |
---|---|---|---|
Investment Opportunity | Corporate HQ Sale/Leaseback Office | Total RBA: 37,122 SF in 3 Buildings | Land Area: ±3 Acres | 2880 Broadway Bend Dr, 77584 | 37,122 | 2022 |
8540 Broadway | 8540 Broadway, 77584 | 25,862 | 2018 |
11710 Broadway | 11710 Broadway, 77584 | 25,000 | 2017 |
Building 6 - The Offices at Reflection Bay | 12234 Shadow Creek Pkwy, 77584 | 2,854 | 2017 |
Pearland Medical Plaza II | 10907 Memorial Hermann Drive, 77584 | 100,000 | 2015 |
Reflection Bay | 12234 Shadow Creek Pkwy, 77584 | 55,980 | 2010 |
Shadow Creek Business Center I | 11233 Shadow Creek Parkway, 77584 | 80,000 | 2009 |
Shadow Creek Crossing | 12000 Shadow Creek Pkwy, 77584 | 146,719 | 2007 |
Pearland Medical Plaza I | 10905 Memorial Hermann Drive, 77584 | 79,924 | 2007 |
Pearland Central Medical Plaza | 8619 Broadway Street, 77584 | 41,764 | 2003 |
Worth noting among recent office completions on the Pearland market is Investment Opportunity | Corporate HQ Sale/Leaseback Office | Total RBA: 37,122 SF in 3 Buildings | Land Area: ±3 Acres, which is currently the largest new office development in the city, at 37,122 square feet.
See reports for other markets
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- Austin Office Rent Price
- San Antonio Office Rent Price
- Dallas Office Rent Price
- Fort Worth Office Rent Price
- Plano Office Rent Price
- Irving Office Rent Price
- Richardson Office Rent Price
- The Woodlands Office Rent Price
- Arlington Office Rent Price
- Spring Office Rent Price
- Sugar Land Office Rent Price
- Katy Office Rent Price
- Kingwood Office Rent Price
- Humble Office Rent Price
- Pasadena Office Rent Price
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 2021 through December 31st 2021. Construction pipeline data represented herein is valid as of April 2022. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Pearland 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.