Quorum Office Space

Quorum

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,680
As of: February 24, 2017

Quorum Rates

The typical asking rate per listing is in the $20's per square foot per year. The Quorum submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

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

Quorum Listing Supply

In the last 90 days, 26 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the Quorum are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 7 floors. Most buildings in this area were built in 1985 and are Class B.

Quorum Community

Health care is the dominant industry in this region. Most of the folk of Quorum work from home. Commuting around 20 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 Quorum.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Quorum.
Research

Addison Submarkets