Real Estate Data

01/21/2011
 
REDP's real estate information source, CoStar Group, shows the following
data on Richardson's Class A office, Class B/C office, and Flex and Industrial buildings*:
Class A Office - Jan. 2011
Number of Buildings: 32
Total Inventory: 7,088,012 SF
SF Occupied: 5,851,217 SF
Occupancy Rate: 83%
Vacancy Rate: 17%
Average Rent: $21.92/SF/yr
Rent Range:  $18.55 - $23.55/SF/yr

Class B/C Office - Jan. 2011
Number of Buildings: 121
SF Occupied:  6,103,060 SF
Occupancy Rate:  71%
Vacancy Rate:  29%
Average Rent: $14.80/SF/yr
Rent Range: $5.70 - $25.39/SF/yr

Flex Space Data - Jan.2011
Number of Buildings: 172
Total Inventory: 8,701,412 SF
SF Occupied:  6,435,819 SF
Occupancy Rate:  74%
Vacancy Rate:  26%
Average Rent: $6.95/SF/yr
Rent Range: $4.00 - $9.50/SF/yr

Industrial Space Data - Jan. 2011
Number of Buildings: 58
Total Inventory: 4,932,051 SF
SF Occupied:  4,485,954 SF
Occupancy Rate:  91%
Vacancy Rate:  9%
Average Rent: $4.54/SF/yr
Rent Range: $3.50 - $5.50/SF/yr

* - includes only those buildings that are 20,000 SF or larger
 
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