On average, listings lease in the $20's per square foot per year. The Las Colinas submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the DFW Metroplex market, the Las Colinas submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 121 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Las Colinas are subleases, so you will probably have to consider a longer term 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 1,690 sqft. Most properties in this region are approximately 3 floors. Most buildings in this area were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Las Colinas residents. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.