On average, listings lease in the $40's per square foot per year. The Uptown submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $9 per sqft per year. That's a 24% increase in rent.
Compared to the rest of the DFW Metroplex market, the Uptown region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 29 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 17% of the office spaces in the Uptown are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,480 sqft. Most buildings in this area are around 9 stories. Most buildings in this area were built in 1984 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Uptown residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.