Sugar Land Office Space for Rent
Sugar Land, TX was founded as a sugar plantation but is now a city within the Houston metropolitan area and is one of the fastest growing cities in Texas. Sugar is still core to the local identity, as it’s home to Imperial Sugar headquarters, a sugar refinery and distribution center. The city’s seal and logo include Imperial Sugar’s crown logo.
Outlook Magazine and Texas Business both designated Sugar Land as one of the Top Cities in Texas for business expansion, and in 2004, HomeRoute named it one of the top 100 places to live. Securing office space here means working alongside businesses like UnitedHealth Group, Fluor, Texas Instruments, Minute Maid, and Hilton Garden Inn.
Sugar Land Office Space | Lease Data & Trends
Sugar Land office space is usually more affordable than Downtown Houston, Midtown, Galleria, or Medical Center, and with more than 4 million square feet of commercial real estate inventory, there’s plenty of options available. Class B office space rents for $21.75 per square foot, almost exactly the same as the Houston metro average of $21.81/sqft. With a vacancy rate of around 20 percent, there’s plenty of Class B Sugar Land office space options.
For more premium office space options, Class A buildings are your best bet. In Sugar Land, office space in a Class A building leases for around $26 per square foot on average. The vacancy rate is 10 percent, much lower than the Houston average of 23.2 percent.
What Our Brokers Say About Sugar Land Office Space
Sugar Land spans a total of 34 square miles and is located in northeast Fort Bend County with Houston to the northeast and with Stafford and Meadows Place to the east. It’s about a 30 minute drive from Downtown Houston.
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.
Those looking for a good spot for a business lunch or event will have plenty of options in Sugar Land. Check out Perry’s Steakhouse & Grille, Guru Burgers & Crepes, Piada Italian Street Food, or Singapore Cafe. If you just need a break from the office and want to take a stroll, you can visit one of the area’s popular parks such as Brazos River Park, City Park or Colony Bend Park.
Get to Know the Sugar Land, TX
Sugar Land is known for combining the vibrance of city life with the homey feel of small-town Texas charm. One of the first people to ever live there called it “Oakland Plantation” because of its huge variety of oak trees. The city got its current name from Benjamin Terry, who purchased the land in 1853. When he died, Colonel E. H. Cunningham bought the land and began building Sugar Land and his sugar-refining plant.
Today, the energy industry is very important in Sugar Land. Fortune 500 company CVR Energy, Inc., has its headquarters there, as well as NalcoChampion’s Energy Service Division. Other important industries include software, engineering and product firms.
One of Sugar Land’s chief locations for entertainment is Sugar Land Town Square, which includes restaurants, shopping, hotels, cafes, a plaza, and city hall. Residents go there to eat, shop and attend events. Nearby, the First Colony mall provides 130 more shops such as Dillard’s, Macy’s and JCPenney.
Sugar Land is a master-planned community consisting of thirteen communities such as Greatwood, First Colony and Sugar Creek. Most of the communities have golf courses and country clubs. The oldest public building in Sugar Land is Lakeview Auditorium; in 2002, it was designated as a Recorded Texas Historic Landmark. Years ago, it used to be a hub of community and part of the Sugar Land Independent School District.