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Office Space for Rent in Houston, TX - 1,365 Listings

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: 227,064,076 SF

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

By square footage range:

  • 50k to 100k SF: 28,079,034 SF / 12.37% of total office
  • 100k to 500k SF: 122,000,168 SF / 53.73% of total office
  • 500k to 1M SF: 39,839,763 SF / 17.55% of total office
  • > 1M SF: 37,145,111 SF / 16.36% of total office

By class:

  • Class A+: 13,609,537 SF / 5.99% of total office
  • Class A: 112,884,267 SF / 49.71% of total office
  • Class B: 83,303,195 SF / 36.69% of total office
  • Class C: 2,235,263 SF / 0.98% of total office

Top 10 Largest Office Buildings

in Houston

Office building Address Sqft Year built
Hewlett Packard Enterprise Campus 11445 Compaq Center West Drive, 77070 2,000,000 1984
Wells Fargo Plaza 1000 Louisiana Street, 77002 1,721,242 1983
Chevron Tower - 1600 Louisiana Street 1600 Louisiana Street, 77002 1,700,000 n/a
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
Mid Campus Building 1 7007 Bertner Avenue, 77030 1,368,600 2010
1001 Fannin 1001 Fannin Street, 77002 1,333,212 1980
1100 Louisiana Street 1100 Louisiana Street, 77002 1,326,249 1980

Most Recently-Built Office Buildings

in Houston

Office building Address Sqft Year built
The Post Oak 1600 West Loop South Fwy, 77027 680,000 2018
The Kirby Collection Tower One 3200 Kirby Drive, 77098 251,510 2018
Lockton Place 3657 Briarpark Drive, 77042 186,000 2018
BakerRipley Central 4450 Harrisburg Blvd, 77011 88,000 2018
18211 Katy Fwy 18211 Katy Fwy, 77094 86,255 2018
7800 Washington Avenue 7800 Washington Avenue, 77007 66,060 2018
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
SouthPoint Business Park - Buildings 1,3 & 5 3207 South Sam Houston Pkwy East, 77047 151,165 2017

Houston, TX Green Office Space

Employment

Houston TX office buildings rank #4 for buildings larger than 50,000 square feet that are green, with over 28% of the office square footage in Houston being LEED-certified, and over 43% of the office space in Houston being Energy Star-compliant.

As an increasing number of Class A office tenants in Houston begin to place energy efficient space at the top of their list, both private and institutional investors will continue to pursue green certification for their assets, advancing the green office trend upward. With its healthy mix of both traditional energy, green energy, and high-technology industries, the Houston office market continues to offer tenants what they demand.

The 2017 National Green Building Adoption Index looked at commercial office properties in 30 major U.S. markets and found that, including EPA Energy Star-labeled buildings, the percentage of green certification has increased from under 5% in 2005 to 38% as of mid-2017. Houston placed fourth in this annual survey.

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

News

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We’re almost halfway through H2 2018, and it’s high time to check up on construction activity, as well as the state of the U.S. office pipeline when compared to previous analyses. Last year around the same time, we looked at top U.S. cities for office delivery during the fall-winter season, and ...