On average, listings lease in the $20's per square foot per year. The The Centre submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 12% increase in rent.
Compared to the rest of the DFW Metroplex market, the The Centre region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 100 listings have been listed, so you'll want to check back regularly for new listings. About 60% of the listings in the The Centre 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 340 sqft. Most properties in this region are approximately 11 stories. Most buildings in this area were built in 1999 and are Class A.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst The Centre occupants. Commuting close to 20 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 The Centre.
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