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Renting Office Space in Dallas

Being the ninth most populous city in the United States, Dallas is the perfect place for a company to rent office space. Nicknamed “Silicon Prairie” due to the large amount of technology and telecommunication companies in the area. As of July 2018, technology companies have claimed over 30% of office space in the area. Some of the most well-known companies that reside here are Texas Instruments, AT&T, and Cisco Systems.

After the 2008 financial crisis, Dallas became a sought after destination due to the affordable cost of living, low percentage of unemployment, and the large amount of new job opportunities. The population is around 1.25 million residents throughout the 26 districts. The price of square footage for office rent per year ranges from $8 to $40 with the median being $25. Furthermore, the square footage size ranges from 100 SF up to 20,000 SF with the median being 430 SF.

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Popular Office Space in the Dallas Market

Oilwell Supply Building

682 – 12,000 SF

$1,500 – $26,500 /mo

General

Pacific Place

180 – 17,117 SF

- /mo

North Central Expressway

551 – 16,549 SF

$1,500 /mo

General

The Willow Building

4,504 SF

$6,800 /mo

Creative

Inwood Rd

1,200 – 3,200 SF

$1,600 – $4,300 /mo

General

Forest Abrams Place

140 – 1,796 SF

- /mo

Highland Park West

1,021 SF

$2,400 /mo

General

CoWorking @ The Katy Building

10 – 1,000 SF

$100 – $3,000 /mo

Coworking

4245 Uptown

4,164 SF

- /mo

One Glen Lakes

1,655 – 3,097 SF

$2,900 – $7,200 /mo

General

Oak Lawn Plaza

1,052 – 17,025 SF

$3,800 – $64,000 /mo

General

Mckinney Ave

1,803 SF

$4,100 /mo

General

CoWorking @ Mockingbird Station

10 – 50 SF

$100 – $400 /mo

Coworking

1900 Pearl

4,250 – 22,285 SF

$19,500 /mo

General

The Ferrer Building

2,690 SF

$7,800 /mo

Suite Rates in Dallas

Suite Sizes in Dallas

Neighborhood Comparison

Neighborhood	Average Available SQFT	Average Rate / SQFT PER Month	NUMBER OF AVAILABLE SUITES
Addison	2,200	$1.79 / SF	257
Bishop Arts District	-	-	< 30
Carrollton	2,100	$1.73 / SF	416
Casa Linda	2,700	$2.08 / SF	< 30
Casa View	5,600	-	< 30
Central Expressway	2,100	$2.22 / SF	425
Deep Ellum	500	$2.70 / SF	< 30
Downtown	2,900	$1.62 / SF	648
East LBJ	1,300	$1.91 / SF	588
Fair Park	-	-	< 30
Far North Dallas	2,100	$2.11 / SF	197
Farmers Branch	1,300	$2.16 / SF	523
Frisco	1,100	$2.54 / SF	150
Garland	800	$1.22 / SF	111
Highland Park	1,000	$3.81 / SF	< 30
Irving	3,000	$1.72 / SF	652
Lake Highlands	700	$1.21 / SF	299
Las Colinas	2,900	$1.75 / SF	511
McKinney	1,200	$2.22 / SF	93
Mesquite	1,200	$0.95 / SF	33
North Dallas	2,000	$1.76 / SF	360
Northwest Dallas	1,000	$1.58 / SF	366
Oak Cliff	1,500	$2.94 / SF	52
Oak Lawn	2,400	$3.22 / SF	291
Plano	1,800	$2.27 / SF	510
Preston Center	900	$3.52 / SF	119
Preston Hollow	2,000	$1.50 / SF	< 30
Redbird	1,100	$1.07 / SF	< 30
Richardson	2,200	$1.52 / SF	254
Rockwall	4,000	-	< 30
South Dallas	-	-	< 30
Stemmons	3,000	$1.72 / SF	652
Trinity Groves	1,700	$4.08 / SF	< 30
University Park	1,000	$3.59 / SF	126
Uptown	2,700	$3.23 / SF	234
West LBJ	1,600	$1.68 / SF	1,187

*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.