Sugar Land, TX – Office Space for Rent
Travel just 20 miles southwest of Downtown Houston, the busiest hub of the fourth-largest metropolitan area in the United States, and you will find Sugar Land, TX, a city home to a broad and diverse array of businesses and offices for some of the largest corporations in the world.
With national brands such as Coca-Cola and Texas Instruments built on the backbone of dozens more successful regional and statewide businesses within the city limits, it’s no wonder that so many companies are in the market for office space for lease in Sugar Land.
If you are looking for an office space to call your own in the Houston region, Sugar Land might be the place for you.
Sugar Land Office Space – Lease Data & Trends
If you are looking for office space in Sugar Land, TX, you likely will find that two common, repeating themes are availability and affordability. In Q3 of 2021, Cushman & Wakefield reported that Sugar Land’s submarket, Southwest Houston/Fort Bend County, had over 9,700,000 square feet in total office space, with approximately 24% of the submarket’s inventory still available for rent.
Office space for rent in Sugar Land is typically cheaper than the rest of the Houston area. Also from Cushman & Wakefield’s report on Q3 of 2021, the average cost of office space per square foot across all building classes in the Houston area was around $31. However, the price of office space per square foot per year in Sugar Land and the surrounding areas within the subdistrict was considerably lower, at just over $23.
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The entirety of the Houston area has been showing consistent growth and improvement in its employment rate throughout 2021. In Q2 of 2020, the unemployment rate had skyrocketed to 12.8%, where one year later, it has stabilized at 7.4%. Additionally, Houston has now crossed the threshold of three million employed citizens, up from the 2.9 million figure it was at this time in 2020.
What Our Brokers Say About Sugar Land Office Space
Sugar Land boasts a highly business-friendly economic model, which has attracted global brands to set up shop within the city.
Beyond the above-mentioned Texas Instruments and Coca-Cola, even more national brands have headquarters in town, each showing how diverse the business opportunities in Sugar Land genuinely are.
There is a thriving communications industry with Prime Communications’ base of operations located in Sugar Land. In addition, Gas Unlimited’s headquarters have created a strong engineering job market in Sugar Land. Similarly, Applied Optoelectronics has established a strong manufacturing presence.
Sugar Land is not part of Houston’s METRO transit authority, but it’s been designated as a possible candidate for expansion. Residents of Sugar Land typically commute using U.S. Highways 59 and 90A. Other nearby highways include State Highway 6 and State Highway 99. Commuters can get from Sugar Land to Houston using Fort Bend County Public Transportation. The area also has an airport, Sugar Land Regional Airport.
With plenty of shared office space in Sugar Land available, your company could be the next Sugar Land success story.
Top Commercial Buildings in Sugar Land
9940 West Sam Houston Parkway South: Built in 1968, this 2-story building is also referred to as Beltway 8 Office Center. It has just under 50,000 square feet of space. Lease terms vary from flexible to fixed.
6380 Rogerdale Road: This spacious, modern building is great for big companies, with available spaces spanning from 14,000 to 40,000 square feet.
Get to Know Sugar Land
While Sugar Land was officially incorporated as a city in 1959, it earned its name long before that, serving as a sugar plantation in the 1800s before blossoming into the residential and commercial haven it has become today.
Sugar Land rests within the greater Houston metropolitan area and is just a short drive away from downtown Houston and the flashy attractions of the big city. Within Sugar Land itself, however, is a list of must-see amenities.
Sugar Land is the home of its own Minor League Baseball team, the Skeeters, and their very own Constellation Field. Sugar Land also boasts parks, museums, art galleries, and other attractions that all make the city a worthwhile spot to spend your days.
Why Rent Office Space in Sugar Land?
Sugar Land is the home to many businesses that have found success within the city limits, and yours could be next.
With office space in Sugar Land, you will quickly see the benefits of both the city’s unique appeal and its proximity to the greater Houston metropolitan area. Being only 20 miles from the heart of downtown, Sugar Land is within driving distance of one of the country’s largest and busiest airports and its surrounding hotels.
But outside of the downtown area, you will enjoy the perks of having cheap office space in Sugar Land, TX, where rent on office space is, on average, $7 less per square foot than the rest of Houston’s submarkets. After work is done for the day, Sugar Land is home to a thriving fine dining scene, with Perry’s Steakhouse and Grille and Churrascos among the city’s most celebrated restaurants.
Nearby Neighborhoods to Set Up Office Space
If you struggle to find the perfect office space for lease in Sugar Land, consider expanding your search to these areas.
Uptown Houston: Uptown is one of the largest, busiest retail and commercial areas in the entire Houston area—perfect for those looking for space in areas with high foot traffic.
Spring Branch: With Beltway 8 and Interstate 10 in its vicinity, Houston has few office locations with an easier commute than Spring Branch. And with multiple hotels in the area and just a 13-mile drive to downtown Houston, Spring Branch is a city with plenty of amenities in its own right.
Memorial: Memorial is best known for being a part of the Energy Corridor, which is home to the offices of many oil companies. But Memorial is a significant hub beyond that, with multiple parks and shopping malls as well.
To learn more about available office space in Sugar Land, contact SquareFoot today.