On average, listings lease in the $30's per square foot per year. The Lofts Canal Side region is experiencing a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.
Compared to the rest of the DFW Metroplex market, the Lofts Canal Side submarket has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 18 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,338 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 22 floors. Most buildings in this region were built in 1984 and are Class A.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Most of the residents of Lofts Canal Side work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.