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Q3 2018 Richardson Real Estate Statistics

Oct 9, 2018

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 2018 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: $25.75/SF/yr
Class B/C Office Space
 
Number properties: 300
Total inventory: 10,985,049 SF
Vacant square feet: 1,543,471 SF
Average rent: $19.23/SF/yr
Flex Space
 
Number properties: 243
Total inventory: 8,773,282 SF
Vacant square feet: 963,336 SF
Average rent: $9.01/SF/yr
Industrial Space
Number properties: 97
Total inventory: 5,952,208 SF
Vacant SF: 176,432 SF
Average rent: $7.80/SF/yr
Total SF Leased Q3 2018 205,500
Approx. Jobs Announced/Retained Q3 2018 737
New Projects Q3 2018 6

Source: Richardson Economic Development Partnership

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