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City Of Richardson Announces Crescent Systems Expansion In The IQ®

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Q3 2016 Richardson Commercial Real Estate Statistics

Oct 4, 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 2016 369,841
Approx. Jobs Announced/Retained 2016 1,515
New Projects 2016 16

Source: Richardson Economic Development Partnership

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