On average, listings lease in the $20's per square foot per year. The Downtown Dallas submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the DFW Metroplex market, the Downtown Dallas submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 245 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available leases in the Downtown Dallas 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.
The standard measurement for office space in this area is around 1,220 sqft. Most properties in this area are approximately 25 stories. 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 residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.