For the first time in nearly a decade, Western Houston outperforms region's office market

As of the third quarter of 2025, the vacancy rate in a major western suburban office submarket of Houston, an area that spans the Energy Corridor, Memorial City and CityCentre containing more than 28 million square feet of office space, dipped to 18.7%, a nine-year low and roughly 100 basis points below the average office vacancy rate for the entire Houston metropolitan area. This is the first time since the fourth quarter of 2014 that the vacancy rate for the Katy Freeway West office submarket is lower than average vacancy for the entire metropolitan area.