The typical asking rate per listing is in the $30's per square foot per year. The Preston Square submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the DFW Metroplex market, the Preston Square region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 41 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces 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 2,860 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 16 floors. Most buildings in this region were built in 1983 and are Class A.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Preston Square occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.