2nd Quarter Commercial Real Estate Data
August 3, 2011
REDP's real estate information source, CoStar Group, shows the following data on Richardson's Class A office, Class B/C office, Flex and Industrial buildings:
2nd Quarter, July 2011
Class A Office Space |
| Number properties: 31 Total inventory: 6,951,685 SF SF available: 1,318,019 SF Average rent: $21.22/SF/yr Rent range: $18.34 - $23.40/SF/yr |
Class B/C Office Space |
| Number properties: 260 Total inventory: 9,874,960 SF SF available: 2,686,142 SF Average rent: $14.94/SF/yr Rent range: $7.75 - $30.39/SF/yr |
Flex Space |
| Number properties: 270 Total inventory: 10,541,825 SF SF available: 2,524,546 SF Average rent: $7.24/SF/yr Rent range: $4.00 - $11.45/SF/yr |
Industrial Space |
| Number properties: 86 Total inventory: 5,167,047 SF SF available: 642,081 SF Average rent: $4.65/SF/yr Rent range: $4.00 - $5.50/SF/yr |
Total SF Leased YTD | 1,334,728 SF |
Approx. Jobs Announced/Retained YTD | 5,174 |
New Projects YTD | 24 |
Source: Richardson Economic Development Partnership