The Centre Office Space

The Centre

Office Space Market Report

Number of Listings (last 90 days)
141
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
24,710
As of: June 23, 2017

The Centre Rates

Most listings are in the $30's per square foot per year. The The Centre region is going through a a rise in rates. In the last 3 months, the median rate rose $36 per sqft per year.

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

The Centre Listing Supply

In the last 90 days, 141 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the listings in the The Centre 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 available, so finding a space for a small business might be tough.

Even though the median size is 24,710 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 11 stories. Most buildings in this area were built in 1999 and are Class A.

The Centre Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst The Centre folk. Commuting close to 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 The Centre.
Market Report

Market Data

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

Farmers Branch Submarkets