The Houston-based spacesuit maker that has a collaboration with Prada expanded its lease near the Nasa Johnson Space Center, as the space industry continues to invigorate the office market here.
Axiom Space, which is also building the first commercial space station in collaboration with Nasa, has doubled its footprint to 63,800 square feet in Hercules II, at 1290 Hercules Avenue, according to Colliers. It occupies the full two-story building, which is owned by Capital Commercial Investments. Online listings show a rental rate of $18 per square foot.
The Clear Lake lease is just a fraction of the firm’s presence in Space City.
The company opened a campus in the Houston Spaceport back in December, dubbed the Axiom Space Assembly Integration and Test Building. The 22-acre campus, at 510 Ellington Field, features office space, plus facilities for astronaut training, mission control, testing labs and a high bay production facility for housing Axiom Space Station modules currently under construction.
A notable feature is 10,000 square feet reserved for Houston’s inaugural spaceflight incubator, which fosters collaboration among startups, industry experts and academic institutions for advancements in aerospace technology and exploration.
Axiom Space also occupies a 146,000-square-foot lease at a former Fry’s Electronics called the Space Station Development Facility, at 21300 Gulf Freeway, a temporary home as the firm phases into the new campus.
The company also recently expanded its Clear Lake footprint with 180,000 square feet leased from JMK5 Holdings, at 600 Gemini Street in Webster, where it houses its spacesuit lab. The company has a $228.5 million contract with NASA to develop spacesuits for its Artemis program, aimed at returning astronauts to the moon and eventually sending humans to Mars.
Elsewhere in the submarket, Texas A&M University has plans to build a research and training facility at 2101 East NASA Parkway. That 240-acre development would enable commercial space opportunities, according to NASA.
Other occupants of the Houston Spaceport include Collins Aerospace and Intuitive Machines, the latter of which opened its $40 million Lunar Operations Center at the spaceport just last year.
Because of the space industry, Clear Lake enjoys one of the lowest office vacancy rates in the Houston metro with an 11.6 percent average, compared to Greater Houston’s nearly 21 percent vacancy.
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