Most listings are in the $30's per square foot per year. The Preston Square submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the DFW Metroplex market, the Preston Square submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 16 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available space in the Preston Square are subleases, so you will probably have to focus your search on direct office leases. 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 4,010 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 16 stories. Most buildings in this region were built in 1983 and are Class A.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Preston Square occupants. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.