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 | |
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Number properties: 39
Total inventory: 10,103,017 SF
Vacant square feet: 1,620,661 SF
Average rent: $25.31/SF/yr
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| Class B/C Office Space | |
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Number properties: 289
Total inventory: 10,816,657 SF
Vacant square feet: 1,876,508 SF
Average rent: $19.32/SF/yr
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| Flex Space | |
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Number properties: 248
Total inventory: 8,113,839 SF
Vacant square feet: 966,289 SF
Average rent: $9.75/SF/yr
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| Industrial Space | |
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Number properties: 85
Total inventory: 3,763,934 SF
Vacant SF: 132,250 SF
Average rent: $5.69/SF/yr
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| Total SF Leased 2016 | 369,841 |
| Approx. Jobs Announced/Retained 2016 | 1,515 |
| New Projects 2016 | 16 |
Source: Richardson Economic Development Partnership