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Houston, TX Office Buildings and Office Spaces

866 Office Buildings & Office Spaces in Houston, TX

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Houston, TX Office Overview

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The Houston office market encompasses the Greater Houston, South Houston, Southwest Houston and the Northwest Houston submarkets. With a metropolitan population of over 6.6 million people, the major industries of energy, aerospace and defense, and bio-science continue to boost a strong economy and increasing demand for space in the Houston TX commercial real estate market.

As of mid-2017, the Houston office market encompasses over 195 million square feet of existing office space, in properties larger than 50,000 square feet. The office scene in Houston continues to flourish, due to its broad industrial and business base.

Houston, TX Office Inventory Description

Houston is home to almost as many large public companies as is New York City, and the existing office inventory in Houston reflects that fact. Nearly 60% of Houston office space is Class a product, while Class B office properties make up nearly 39% of Houston TX's office inventory.

Downtown Houston commercial real estate boasts Houston’s densest office scene. Bordered by the I-45, I-10 and I-69 freeways this submarket is home to Class A office buildings such as the CenterPoint Energy Tower, the JPMorgan Chase Tower and Wells Fargo Plaza.

Other Houston office submarkets seeing high demand include the Medical Center market that runs along Main Street and is adjacent to the Texas Medical Center and the University of Texas Health Science Center, and the nearby University Place submarket.

Houston, TX Commercial Inventory Breakdown

Office Spaces

Total: 221,651,365 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 24,010,601 SF / 10.83% of total office
  • 100k to 500k SF: 119,825,279 SF / 54.06% of total office
  • 500k to 1M SF: 42,648,605 SF / 19.24% of total office
  • > 1M SF: 35,166,880 SF / 15.87% of total office

By class:

  • Class A: 122,541,496 SF / 55.29% of total office
  • Class B: 78,545,753 SF / 35.44% of total office
  • Class C: 2,143,380 SF / 0.97% of total office

Top 10 Largest Office Buildings

in Houston

Office building Address Sqft Year built
Wells Fargo Plaza 1000 Louisiana Street, 77002 1,721,242 1983
JPMorgan Chase Tower 600 Travis Street, 77002 1,683,893 1981
Williams Tower 2800 Post Oak Blvd, 77056 1,482,384 1983
Pennzoil Place 711 Louisiana Street, 77002 1,409,713 1975
800 Bell 800 Bell Street, 77002 1,383,910 1962
1001 Fannin 1001 Fannin Street, 77002 1,333,212 1980
1100 Louisiana 1100 Louisiana Street, 77002 1,305,720 1980
800 Bell - Redevelopment 800 Bell Street, 77002 1,300,000 n/a
Bank of America Center 700 Louisiana Street, 77002 1,250,000 1983
Fulbright Tower 1301 McKinney Street, 77010 1,247,050 1982

Most Recently-Built Office Buildings

in Houston

Office building Address Sqft Year built
609 Main at Texas 609 Main Street, 77002 1,057,658 2017
Amegy Bank Tower 1717 West Loop South, 77027 350,000 2017
Cemex Building 10100 Katy Fwy, 77055 273,763 2017
Redemption Square - Phase I - 250 Assay Street 250 Assay Street, 77044 86,523 2017
Members Choice Credit Union Headquarters SWC Interstate 10 Frontage Road & Cypress Run, 77094 80,000 2017
Memorial Green 12601 Memorial Drive, 77024 75,000 2017
Energy Center V 915 North Eldridge Pkwy, 77079 524,397 2016
3737 Buffalo Speedway 3737 Buffalo Speedway, 77098 387,000 2016
West Memorial Place II 15377 Memorial Drive, 77079 385,000 2016
Central Square Plaza 2100 Travis Street, 77002 310,000 2016

Houston, TX Green Office Space

Employment

Houston is home to almost as many large public companies as is New York City, and the existing office inventory in Houston reflects that fact. Nearly 60% of Houston office space is Class a product, while Class B office properties make up nearly 39% of Houston TX's office inventory.

Downtown Houston commercial real estate boasts Houston’s densest office scene. Bordered by the I-45, I-10 and I-69 freeways this submarket is home to Class A office buildings such as the CenterPoint Energy Tower, the JPMorgan Chase Tower and Wells Fargo Plaza.

Other Houston office submarkets seeing high demand include the Medical Center market that runs along Main Street and is adjacent to the Texas Medical Center and the University of Texas Health Science Center, and the nearby University Place submarket.

Houston, TX’s Top Office-Using Sectors

Houston is recognized around the world for its energy industry, but the demand for office space doesn't stop there. Oil, gas, renewable energy, biomedical research and aeronautics all contribute to the robust growth of the Houston office market and attract both national and global investors seeking stability and long-term performance.

A diverse mix of industry and business drives the Houston office market. Major industry sectors include real estate and corporate headquarters, finance, information technology, biomedical, and energy.

  • Real Estate & Corporate Headquarters – Houston is home to 23 Fortune 500 companies, including Sysco, Baker Hughes and Halliburton.
  • Finance – Banking, financial services and foreign government trade offices are major users of office space in Houston, including the Bank of American Center.
  • Information Technology – The Houston Technology Center is the city's center for high-tech entrepreneurship, with more than 1,000 computer-related companies calling Houston home.
  • Biomedical – The Texas Medical Center, the University of Texas Research Park, and the UT Health Science Center all play major roles in biotechnology and life sciences research.
  • Energy – ConocoPhillips, Marathon Oil, KBR and National Oilwell Varco are a few of the top publicly traded energy companies headquartered in Houston.

Houston Demographics

Population

  • Total Population2,217,706
  • Male Population(50.0 %) 1,108,500
  • Female Population(50.0 %) 1,109,206
  • Median Age32.60

Income/Financial

  • Average Household Income$74,322
  • Median Household Income$46,187
  • Median Income Under 25$26,891
  • Median Income 25-44$46,937
  • Median Income 45-64$53,789
  • Median Income Over 65$37,783