Most listings are in the $40's per square foot per year. The Uptown submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Uptown region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 26 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 12% of the listings in the Uptown are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,840 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 8 floors. 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 area. Commute by car is the most popular way to get to work amongst Uptown residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.