2020 Office Space Rent & Sales
- $25.98 2020 Avg. Asking Rent
- 11.71% 2020 Office Vacancy Rate
Sugar Land office price per square foot in 2020 was $25.98 on average. The local office market recorded an average vacancy rate of 11.71% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Sugar Land Class A Office Space$29.48
- Sugar Land Class B Office Space$22.18
- Texas Class A Office Space$35.41
- Texas Class B Office Space$23.36
- Texas Class C Office Space$16.89
Sugar Land, TX Office Asking Rents by Class
2020 Office Construction in Sugar Land, TX
- Sugar Land, TX Total SF completed in 2020 27,000
During 2020, 27,000 square feet of new office space were delivered across the market. At the close of 2020, the Sugar Land office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 27,000 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Sugar Land Medical & Professional Village | 13000 Dairy Ashford Road, 77478 | 20,000 | 2022 |
| Woodbridge Medical Plaza 2 | 11507 S Highway 6, 77498 | 12,864 | 2022 |
| Telfair Medical Office Building | 6921 Brisbane Court, 77479 | 36,663 | 2019 |
| 7619 Branford Place | 7619 Branford Place, 77479 | 38,599 | 2018 |
| 1435 State Highway 6 | 1435 State Highway 6, 77478 | 25,217 | 2018 |
| 7215 New Territory Blvd | 7215 New Territory Blvd, 77479 | 15,446 | 2016 |
| 13905 University Blvd | 13905 University Blvd, 77479 | 163,260 | 2014 |
| Sugar Land Physicians Center | 7616 Branford Place, 77479 | 56,595 | 2014 |
| Memorial Hermann Physicians Pavilion | 16902 Southwest Fwy, 77479 | 30,000 | 2011 |
| The Minute Maid Building | 2150 Town Square Place, 77479 | 185,000 | 2009 |
Worth noting among recent office completions on the Sugar Land market is Sugar Land Medical & Professional Village, which is currently the largest new office development in the city, at 20,000 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. 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.