Most listings are in the $20's per square foot per year. The Lofts Canal Side region is going through a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Lofts Canal Side submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 1 listings have been posted online, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the listings in the Lofts Canal Side are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 23,390 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 22 floors. Most buildings in this region were built in 1984 and are Class A.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Most of the folk of Lofts Canal Side work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.