On average, listings lease in the $20's per square foot per year. The Las Colinas submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the DFW Metroplex market, the Las Colinas submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 142 listings have been posted online, so you'll want to check back regularly for new listings. About 39% of the available leases in the Las Colinas are subleases, so you might be able to snag a great spot on a short term. 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 1,780 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Las Colinas occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.