2023 Office Space Rent & Sales
- $31.37 2023 Avg. Asking Rent
- 1.30% Y-o-Y Avg. Asking Rent Change
- 20.07% 2023 Office Vacancy Rate
Bellaire office price per square foot in 2023 was $31.37 on average. This marked a +1.30% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.07% 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
2023 Average Office Rent per Square Foot
- Texas Class A & A+ Office Space$36.17
- Texas Class B Office Space$24.95
- Texas Class C Office Space$31.07
Bellaire, TX Office Asking Rents by Class
Office Spaces for Rent in Texas
Coworking Spaces in Texas
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2023 Office Construction in Bellaire, TX
| Office building | Address | SF | Completed |
|---|---|---|---|
| 5205 Spruce St | 5205 Spruce St, 77401 | 5,060 | 2000 |
| 4500 Bissonnet Street | 4500 Bissonnet Street, 77401 | 68,496 | 1983 |
| 4545 Bissonnet | 4545 Bissonnet Street, 77401 | 64,552 | 1982 |
| Bellaire Park - 6565 West Loop South | 6565 West Loop South, 77401 | 169,536 | 1981 |
| Bellaire Park - 6575 West Loop South | 6575 West Loop South, 77401 | 144,337 | 1980 |
| The Offices at Pin Oak Park - 6800 West Loop South | 6800 West Loop South, 77401 | 76,920 | 1979 |
| The Offices at Pin Oak Park - 4747 Bellaire Blvd | 4747 Bellaire Blvd, 77401 | 76,270 | 1979 |
| 6330 West Loop S | 6330 West Loop South, 77401 | 279,333 | 1976 |
| Bellaire Station | 6500 West Loop South, 77401 | 389,826 | 1975 |
| Bellaire Station | 6500 West Loop South, 77401 | 389,826 | 1975 |
Worth noting among recent office completions on the Bellaire market is 5205 Spruce St, which is currently the largest new office development in the city, at 5,060 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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Bellaire 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.