On average, listings lease in the $20's per square foot per year. The City Center District region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the DFW Metroplex market, the City Center District region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 943 listings have been made available, so you'll want to check back regularly for new listings. About 18% of the listings in the City Center District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,010 sqft. Most buildings in this area are around 33 floors. Most buildings in this market were built in 1975 and are Class A.
Finance and insurance are the dominant industries in this market. Most of the occupants of City Center District work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in City Center District.
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