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Q3 2019 Richardson Real Estate Statistics

Nov 20, 2019

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 2019 Commercial Real Estate Statistics
Class A Office Space
Number properties: 44
Total inventory: 10.6 million SF
Vacant square feet: 1.5 million SF
Average rent: $26.37/SF/yr
Class B/C Office Space
 
Number properties: 303
Total inventory: 11 million SF
Vacant square feet: 1.6 million SF
Average rent: $20.73/SF/yr
Flex Space
 
Number properties: 246
Total inventory: 8.9 million SF
Vacant square feet: 912 K SF
Average rent: $12.10/SF/yr
Industrial Space
Number properties: 98
Total inventory: 6.2 million SF
Vacant SF: 546 K SF
Average rent: $8.82/SF/yr

Source: CoStar, Q3 2019

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