2024 Office Space Rent & Sales
- $22.60 2024 Avg. Asking Rent
- 9.98% 2024 Office Vacancy Rate
Sugar Land office price per square foot in 2024 was $22.60 on average. The local office market recorded an average vacancy rate of 9.98% 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
- Sugar Land Class A & A+ Office Space$26.30
- Sugar Land Class B Office Space$20.24
- Texas Class A & A+ Office Space$38.26
- Texas Class B Office Space$24.71
- Texas Class C Office Space$19.84
Sugar Land, TX Office Asking Rents by Class
Coworking Spaces in Texas
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2024 Office Construction in Sugar Land, TX
- Sugar Land, TX Total SF completed in 2024 318,484
- Sugar Land, TX Total SF under construction in 2025 66,250
During 2024, 318,484 square feet of new office space were delivered across the market. At the close of 2024, the Sugar Land office inventory included 3 buildings equal to or larger than 25,000 square feet, which comprised 318,484 square feet of office space. Looking forward, development activity throughout 2025 is estimated to add 66,250 square feet of office space to the market, before year-end.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 217 Promenade Way | 217 Promenade Way, 77479 | 5,000 | 2025 |
| 1120 Imperial Blvd | 1120 Imperial Blvd, 77498 | 48,016 | 2024 |
| 5501 Cabrera Dr - Building 7 | 5501 Cabrera Dr, 77479 | 6,125 | 2024 |
| Riverpark Ridge - Building 1 | 2743 Imperia Dr, 77479 | 6,125 | 2022 |
| Cubework Sugar Land | 12510 West Airport Blvd, 77478 | 199,978 | 2021 |
| Cubework Sugar Land | 12510 West Airport Blvd, 77478 | 199,978 | 2021 |
| 800 Bonaventure Way #139 | 800 Bonaventure Way, 77479 | 1,248 | 2020 |
| Medical Office Sublease at 7619 Branford Place | 7619 Branford Place, 77479 | 37,413 | 2019 |
| 7619 Branford Place | 7619 Branford Place, 77479 | 38,599 | 2018 |
| 6526 Greatwood Pkwy Ste C | 6526 Greatwood Pkwy Ste C, 77479 | 1,499 | 2018 |
Worth noting among recent office completions on the Sugar Land market is 217 Promenade Way, which is currently the largest new office development in the city, at 5,000 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 Sugar Land 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.