Most listings are in the $20's per square foot per year. The Downtown Dallas submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Dallas region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 245 listings have come on the market, so you'll want to check back regularly for new listings. About 113% of the office spaces in the Downtown Dallas are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,080 sqft. Most buildings in this region are close to 25 floors. Most buildings in this market were built in 1964 and are Class A.
Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Dallas folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.