Q3 2016 Richardson Commercial Real Estate Statistics

10/04/2016
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:
Third Quarter 2016 Commercial Real Estate Statistics
 
Class A Office Space

Number properties: 39
Total inventory: 10,103,017 SF
Vacant square feet: 1,620,661 SF
Average rent: $25.31/SF/yr
 

Class B/C Office Space
 
Number properties: 289
Total inventory: 10,816,657 SF
Vacant square feet: 1,876,508 SF
Average rent: $19.32/SF/yr
 

Flex Space
 
Number properties: 248
Total inventory: 8,113,839 SF
Vacant square feet: 966,289 SF
Average rent: $9.75/SF/yr

Industrial Space

Number properties: 85
Total inventory: 3,763,934 SF
Vacant SF: 132,250 SF
Average rent: $5.69/SF/yr

Total SF Leased 2016369,841
Approx. Jobs Announced/Retained 20161,515
New Projects 201616
Source: Richardson Economic Development Partnership
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