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PMRG Houston Office Market Report: 1Q 2013PMRG Houston Office Market Report: 1Q 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=76042013-04-23T08:15:00Z2013-04-23T00:00:00Z

HOUSTON - PM Realty Group (PMRG) has released its Office Market Report for first quarter 2013. Real estate statistics rank the top seven submarkets with the largest inventory.

Houston Submarket Statistics
Submarket Total
Inventory SF
Direct
Occupancy
SF Under
Construction
Asking Rent
Class A Class B
CBD 37,742,639 89.0% - $39.04 $25.24
Katy Freeway 24,080,117 92.2% 2,760,739 $30.32 $19.30
Galleria / Uptown 22,154,028 88.4% 819,466 $30.75 $22.69
Westchase 13,350,434 90.5% 631,353 $35.11 $19.16
Greenspoint IAH / N. Belt 12,470,199 84.1% - $23.61 $16.76
Northwest Freeway / NW Outlier 11,829,213 83.1% 207,720 $23.33 $17.15
Southwest 10,341,774 79.6% - $17.23 $16.26
Greenway Plaza 10,164,059 88.2% - $30.61 $23.28
Total* 204,834,289 87.1% 5,879,824 $31.39 $19.68

*includes submarkets not included in chart

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