City Center District Industrial

City Center District

Office Space Market Report

Number of Listings (last 90 days)
943
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
1,460
As of: August 17, 2017

City Center District Rates

The typical asking rate per listing is in the $20's per square foot per year. The City Center District submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the DFW Metroplex market, the City Center District region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

City Center District Listing Supply

In the last 90 days, 218 listings have come on the market, so you'll want to check back regularly for new listings. About 106% of the available space 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,460 sqft. Most properties in this region are around 33 floors. Most buildings in this market were built in 1975 and are Class A.

City Center District Community

Finance and insurance are the dominant industries in this region. 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.

Market Report

Trends and status of the commercial real estate market in City Center District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in City Center District.
Research

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