The typical asking rate per listing is in the $20's per square foot per year. The Quorum submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.
Compared to the rest of the DFW Metroplex market, the Quorum submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 26 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the available leases in the Quorum are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,520 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 7 stories. Most buildings in this region were built in 1985 and are Class B.
Health care is the dominant industry in this market. Most of the folk of Quorum work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.