On average, listings lease in the $20's per square foot per year. The Quorum submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 0% rise in rent.
Compared to the rest of the DFW Metroplex market, the Quorum submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available space in the Quorum are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,040 sqft. Most buildings in this market are close to 7 stories. Most buildings in this area were built in 1985 and are Class B.
Health care is the dominant industry in this region. Most of the residents of Quorum work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.