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Q1 2017 Richardson Real Estate Statistics

May 25, 2017

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:
First Quarter 2017 Commercial Real Estate Statistics
 
Class A Office Space
Number properties: 40
Total inventory: 10,267,518 SF
Vacant square feet: 2,509,350 SF
Average rent: $27.07/SF/yr
 
Class B/C Office Space
 
Number properties: 289
Total inventory: 10,654,086 SF
Vacant square feet: 1,888,048 SF
Average rent: $18.97/SF/yr
 
Flex Space
 
Number properties: 249
Total inventory: 8,554,306 SF
Vacant square feet: 1,165,363 SF
Average rent: $9.28/SF/yr
Industrial Space
Number properties: 84
Total inventory: 3,814,632 SF
Vacant SF: 140,870SF
Average rent: $5.75/SF/yr
Total SF Leased Q1 2017 458,425
Approx. Jobs Announced/Retained Q1 2017 1,159
New Projects Q1 2017 11

Source: Richardson Economic Development Partnership

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