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2700 Post Oak Boulevard

Galleria Tower I

Houston, TX 77056

  • 606 - 22,106 sqft
  • inquire for pricing

Building Details

  • Floors25
  • Height333
  • Walk Score®86
  • Year Built1974
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  • Availability

    UnitSizePriceInquire
    697W Suite606 sqftInquire for pricing
    11th Floor - Suite 1175687 sqftInquire for pricing
    Suite 1175687 sqftInquire for pricing
    Suite 795844 sqftInquire for pricing
    Space844 sqftInquire for pricing
    Space883 sqftInquire for pricing
    1st Floor - Suite 15820572463981,000 sqftInquire for pricing
    1st Floor - Suite 15820572846931,000 sqftInquire for pricing
    1190W Suite1,211 sqftInquire for pricing
    Suite 1191,211 sqftInquire for pricing
    Space1,433 sqftInquire for pricing
    Suite 11751,598 sqftInquire for pricing
    Space1,693 sqftInquire for pricing
    Suite 4201,766 sqftInquire for pricing
    Space1,788 sqftInquire for pricing
    Suite 12501,984 sqftInquire for pricing
    Space2,165 sqftInquire for pricing
    670W Suite2,321 sqftInquire for pricing
    Space2,321 sqftInquire for pricing
    14th Floor - Suite 14302,348 sqftInquire for pricing
    Suite 14302,348 sqftInquire for pricing
    Suite 2752,456 sqftInquire for pricing
    Space2,540 sqftInquire for pricing
    Suite 3502,575 sqftInquire for pricing
    Suite 12202,580 sqftInquire for pricing
    Suite 19303,035 sqftInquire for pricing
    Space3,065 sqftInquire for pricing
    Space3,113 sqftInquire for pricing
    1180W Suite3,113 sqftInquire for pricing
    12th Floor - Suite 12203,361 sqftInquire for pricing
    Suite 12203,361 sqftInquire for pricing
    Suite 17753,389 sqftInquire for pricing
    17th Floor - Suite 17753,389 sqftInquire for pricing
    Suite 3203,488 sqftInquire for pricing
    Suite 13503,603 sqftInquire for pricing
    Suite 4753,757 sqftInquire for pricing
    Suite 10503,770 sqftInquire for pricing
    Suite 11503,787 sqftInquire for pricing
    Suite 14503,852 sqftInquire for pricing
    Suite 19503,904 sqftInquire for pricing
    Suite 14254,100 sqftInquire for pricing
    Suite 4004,189 sqftInquire for pricing
    2nd Floor - Suite 2254,255 sqftInquire for pricing
    1133E Suite4,299 sqftInquire for pricing
    Space4,299 sqftInquire for pricing
    Space4,544 sqftInquire for pricing
    Suite 7504,544 sqftInquire for pricing
    750W Suite4,544 sqftInquire for pricing
    Suite 3004,578 sqftInquire for pricing
    Space4,653 sqftInquire for pricing
    Suite 24755,063 sqftInquire for pricing
    6th Floor - Suite 6255,448 sqftInquire for pricing
    Suite 6255,448 sqftInquire for pricing
    Space5,542 sqftInquire for pricing
    Space5,741 sqftInquire for pricing
    Suite 3506,105 sqftInquire for pricing
    Space6,161 sqftInquire for pricing
    Space6,272 sqftInquire for pricing
    Suite 7706,272 sqftInquire for pricing
    23rd Floor - Suite 23506,389 sqftInquire for pricing
    Suite 23506,389 sqftInquire for pricing
    Space6,625 sqftInquire for pricing
    2nd Floor - Suite 2507,289 sqftInquire for pricing
    Suite 2507,289 sqftInquire for pricing
    Suite 11207,939 sqftInquire for pricing
    Suite 24258,282 sqftInquire for pricing
    800E Suite8,764 sqftInquire for pricing
    24th Floor - Suite 24508,860 sqftInquire for pricing
    10th Floor - Suite 10309,010 sqftInquire for pricing
    Suite 10309,010 sqftInquire for pricing
    14th Floor - Suite 14009,440 sqftInquire for pricing
    Space9,444 sqftInquire for pricing
    Space10,039 sqftInquire for pricing
    Space10,063 sqftInquire for pricing
    10th Floor - Suite 100010,187 sqftInquire for pricing
    13th Floor - Suite 130011,482 sqftInquire for pricing
    Suite 130011,482 sqftInquire for pricing
    Suite 240011,523 sqftInquire for pricing
    6th Floor - Suite 60011,659 sqftInquire for pricing
    Suite 60011,659 sqftInquire for pricing
    23rd Floor - Suite 230014,174 sqftInquire for pricing
    Suite 60016,043 sqftInquire for pricing
    Suite 50016,044 sqftInquire for pricing
    Suite 200016,061 sqftInquire for pricing
    Suite 210016,109 sqftInquire for pricing
    Suite 70016,113 sqftInquire for pricing
    Space18,236 sqftInquire for pricing
    Space18,363 sqftInquire for pricing
    Space18,373 sqftInquire for pricing
    22nd Floor - Suite 220019,466 sqftInquire for pricing
    Suite 70019,642 sqftInquire for pricing
    7th Floor - Suite 70019,642 sqftInquire for pricing
    8th Floor - Suite 80019,968 sqftInquire for pricing
    Suite 80019,968 sqftInquire for pricing
    Suite 230020,141 sqftInquire for pricing
    Suite 180020,294 sqftInquire for pricing
    Suite 200020,294 sqftInquire for pricing
    18th Floor - Suite 180020,294 sqftInquire for pricing
    Suite 190020,294 sqftInquire for pricing
    5th Floor - Suite 50022,106 sqftInquire for pricing

    Neighborhood

    Galleria

    Located in the Uptown District of Houston, The Galleria is an upscale, mixed-use urban development shopping center. In addition to the retail center, hotels, and health club, the Galleria is a popular location to lease office space. Galleria office space tenants include financial services firms, law firms, and energy companies, ranging from multinational corporations to local businesses.

    Galleria Office Space | Lease Data and Trends

    RentVacancyInventory
    Class A Office Space$38/sf21%18,000,000 sf
    Class B Office Space$28/sf16%5,000,000 sf
    Greater Houston$31/sf24%170,000,000 sf

     

    The West Loop – Galleria office space sub-market features nearly 25 million square feet of office space inventory. 18 million square feet of space is categorized as Class A, renting at an average of around $38 per square foot. The remaining Class B space rents at a more affordable $28 per square foot. Approximately 20 percent of office space Galleria is vacant, slightly below the Houston metro average of 25 percent. Vacancy rates have steadily climbed since 2015, leading to a decline in new construction and an increase in Houston sublease activity.

    Galleria is one of the more expensive sub-markets outside of Downtown Houston, with asking rents similar those in Katy, The Woodlands, Greenway Plaza, and Midtown. The past year has seen significant transaction activity in the area. Notable leases include Stuart Title’s 156,151 square foot sublease at 1360 Post Oak Blvd., Apache Corporation’s 524,342 renewal at Post Oak Central, and Transcontinental Gas Pipe Line’s nearly 300,000 square foot renewal at 2800 Post Oak Boulevard.

    In addition to leases and renewals, West Loop/Galleria also saw two significant sales in Q1 2018. Baupost Group LLC purchased the 1.1 million square foot Marathon Oil Tower at 5555 San Felipe for $175 million, and Griffin Partners bought three Loop Central buildings for an undisclosed amount.

    What Our Brokers Say About Galleria Office Space for Lease

    The Galleria Financial Center is occupied by many financial, legal, and energy firms, including Merrill Lynch, UBS AG, Morgan Stanley, CBRE, and Citigroup. The other two office buildings in the area are Post Oak Tower and the Galleria Tower. Additionally, the Williams Tower is connected by a walkway.

    In addition to the wealth of Class A office space, Galleria office space is in high demand because of its convenience and accessibility. It’s a short drive from Downtown, Midtown, Texas Medical Center, and Sugar Land.

    Uptown is easily accessible via the West Loop and is home to more than 2,000 businesses, representing nearly 15 percent of Houston’s total office space inventory and around 17 percent of Class A space. Uptown ranks as one of the 20 largest business districts in the United States, comparable in size to the downtown areas in Pittsburgh and Denver.

    Addition of New Tenants

    In September 2018, Simon Property Group announced a new round of Galleria tenants. These include Dubai-based Musaafer by The Spice Route Co. , Swiss watch maker Breitling, Dance With Me, Invicta, Maje, Popbar, and Sandro. The second half of 2018 saw several new tenants open shop, including Amazon Pop-Up Kiosk, Charles Tyrwhitt, Eloquii, Quay Australia, Maison Luisant, and Morphe.

    Houston Galleria History

    The Galleria consists of a retail center, as well as the Galleria Office Towers, two Westin hotels, and a private health club. The office towers and hotels are owned and managed separately from the shopping center. The mall is the seventh largest in the United States and most extensive in Texas. Current anchor tenants include Neiman Marcus, Nordstrom, Saks Fifth Avenue, and Macy’s.

    The Galleria was developed by Gerald D. Hines, and opened in 1970. The center was modeled after the Galleria Vittorio Emanuele II in Milan, and mimicked its distinctive glazed barrel vault, spanning the central axis of the mall.

    Upon opening, the mall had 600,000 ft² (56,000 m²) of retail space. Today that has expanded to 2.4 million square feet and features many high-end boutiques, such as Louis Vuitton, Gucci, Cartier, Valentino, Coach, Fendi, Chanel, Carolina Herrera, Giorgio Armani, Jimmy Choo, Bvlgari, Christofle, Tiffany & Co. Yves Saint Laurent, Burberry, and Versace. Galleria is also home to Texas’ first Tesla Motors and Prada stores.

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