The typical asking rate per listing is in the $30's per square foot per year. The Preston Square submarket is going through a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the DFW Metroplex market, the Preston Square region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 29 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,390 sqft. Most buildings in this market are around 16 floors. Most buildings in this region were built in 1984 and are Class A.
Health care is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Preston Square residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.