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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.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Addison | 2,200 | $1.80 / SF | 260 |
Bishop Arts District | - | - | < 30 |
Carrollton | 2,200 | $1.74 / SF | 419 |
Casa Linda | 2,700 | $2.08 / SF | < 30 |
Casa View | 5,600 | - | < 30 |
Central Expressway | 2,100 | $2.21 / SF | 424 |
Deep Ellum | 500 | $2.70 / SF | < 30 |
Downtown | 2,800 | $1.62 / SF | 650 |
East LBJ | 1,300 | $1.91 / SF | 586 |
Fair Park | - | - | < 30 |
Far North Dallas | 2,100 | $2.11 / SF | 195 |
Farmers Branch | 1,300 | $2.17 / SF | 539 |
Frisco | 1,100 | $2.54 / SF | 151 |
Garland | 800 | $1.22 / SF | 111 |
Highland Park | 1,000 | $3.81 / SF | < 30 |
Irving | 2,900 | $1.72 / SF | 655 |
Lake Highlands | 700 | $1.21 / SF | 301 |
Las Colinas | 2,900 | $1.75 / SF | 514 |
McKinney | 1,200 | $2.22 / SF | 93 |
Mesquite | 1,200 | $0.95 / SF | 33 |
North Dallas | 1,900 | $1.76 / SF | 358 |
Northwest Dallas | 1,100 | $1.58 / SF | 381 |
Oak Cliff | 1,600 | $2.94 / SF | 53 |
Oak Lawn | 2,400 | $3.22 / SF | 291 |
Plano | 1,800 | $2.28 / SF | 509 |
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 | 255 |
Rockwall | 3,500 | - | < 30 |
South Dallas | - | - | < 30 |
Stemmons | 2,900 | $1.72 / SF | 655 |
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 | 1,204 |