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Galleria / Uptown Submarket — Houston

Galleria / Uptown submarket of Houston: 18 tracked properties, 5,382,000 SF of inventory and 1,075,700 SF available.

18Listings
1,075,700 SFAvailable space
5,382,000 SFTotal inventory
$31.14/SFAvg asking rent
33,900 SFMedian suite
Trinity PlaceHouston, TX · Retail · Class B10,900 SF available$34.53 – $42.04/SF/yr NNN
Summit ParkHouston, TX · Multi-Family · Class A39,300 SF availableRate on request
Union PlazaHouston, TX · Office · Class A595,100 SF available$33.47 – $40.74/SF/yr FS
Pecos SquareHouston, TX · Retail · Class C1,500 SF available$33.42 – $40.68/SF/yr NNN
2335 N Loop 1604Houston, TX · Office · Class A18,700 SF available$32.46 – $39.52/SF/yr FS
Cornerstone LandingHouston, TX · Retail · Class A35,100 SF available$41.59 – $50.63/SF/yr NNN
1057 Broadway StHouston, TX · Medical · Class B22,900 SF available$32.04 – $39.01/SF/yr FS
1328 San Felipe StHouston, TX · Industrial · Class A107,900 SF available$10.20 – $12.42/SF/yr NNN
Frontier PlaceHouston, TX · Office · Class A497,600 SF$29.67 – $36.12/SF/yr FS
5 McKinney AveHouston, TX · Office · Class A620,500 SF$30.90 – $37.62/SF/yr FS
2605 University AveHouston, TX · Flex · Class A37,000 SF available$17.67 – $21.51/SF/yr NNN
1743 Guadalupe StHouston, TX · Office · Class B3,100 SF available$29.51 – $35.93/SF/yr FS
Granite ParkHouston, TX · Industrial · Class C106,200 SF available$8.73 – $10.63/SF/yr NNN

18 commercial properties are tracked in the Galleria / Uptown submarket, representing 5,382,000 SF of rentable building area, of which 1,075,700 SF is currently marketed as available.

Asking rents average $31.14 per square foot per year, the median marketed suite is 33,900 SF, and listings have been on market a median of 380 days.

The stock splits 9 Class A, 6 Class B, 3 Class C, with construction dates from 1916 to 2011 (median 1951).

Other Houston submarkets

Energy CorridorGreenway PlazaHouston CBDKaty FreewayPort of HoustonSugar LandTexas Medical CenterThe WoodlandsWestchase

Search this submarket

Flex for leaseIndustrial for leaseMedical for leaseMulti-Family for leaseOffice for leaseRetail for lease

Frequently asked questions

What is the average asking rent for commercial space in Galleria / Uptown, TX?

Across the 18 commercial listings published in Galleria / Uptown, TX, asking rents average $31.14 per square foot per year, quoted on a NNN basis.

How much commercial space is available in Galleria / Uptown, TX?

1,075,700 SF is currently marketed across 15 buildings, out of 5,382,000 SF of total inventory.

What is the commercial vacancy rate in the Houston market?

The Houston commercial market is running 24.0% vacancy with year-over-year asking rent growth of 3.9%.

Which submarkets have the most commercial space in Galleria / Uptown, TX?

Galleria / Uptown (18 properties).

What cap rates are commercial assets trading at in Galleria / Uptown, TX?

Listed commercial assets in Galleria / Uptown, TX show an average asking cap rate of 8.29%. Closed sale comparables are available in RealStar's Sales module.

Which brokerages are most active in Galleria / Uptown, TX?

Frontier Commercial (4 listings), Northgate Commercial (3 listings), Concord Realty Services (2 listings), Landmark Commercial (2 listings), Meridian Realty Partners (1 listing). See the full Galleria / Uptown, TX broker directory.

How do I list a commercial property in Galleria / Uptown, TX?

Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.