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