2nd Quarter Commercial Real Estate Data

08/03/2011
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 YTD1,334,728 SF
Approx. Jobs Announced/Retained YTD5,174
New Projects YTD24
Source: Richardson Economic Development Partnership
 
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