On average, listings lease in the $20's per square foot per year. The Quorum region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Quorum region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 26 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,680 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 7 stories. Most buildings in this region were built in 1985 and are Class B.
Health care is the dominant industry in this region. Most of the occupants of Quorum work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.