Houston Q3 2026 Office Market Report

Availability declines as trophy and premier Class A space tightens

As Houston’s office market continued to stabilize in Q3 2026, the overall availability rate declined to 26.2%, down 60 basis points (bps) from 26.8% year over year. The Woodlands posted the lowest availability rate among Houston submarkets at 14.4%. As trophy and premier Class A space remained scarce, availability in this segment decreased to 12.7%, supporting elevated asking rents for top-quality buildings. The widening gap between asking rents for these assets and the overall market reflected sustained occupier preference for higher-quality, amenity-rich office environments.

Read the full report