We are please to give you our analysis of the Dallas LBJ office market activity for the first quarter of 2010.
Dallas LBJ First Quarter 2010 Office Market Report
|
Building Class
|
# Buildings |
Total SF |
Available SF |
% Available |
Sublease SF |
YTD Absorption |
| A |
18 |
4,745,465 |
1,302,722 |
27.5% |
207,128
|
94,110 |
| B |
65 |
7,141,668 |
1,959,602
|
27.4% |
82,317 |
174,086
|
| C |
27 |
826,765 |
271,896 |
32.9% |
0 |
-31,654 |
| Total: |
110 |
12,713,896 |
3,534,220 |
27.8% |
289,445 |
236,542 |
As a tenant you need to understand what the landlord is thinking and know the hot buttons to push so you can position yourself to get the best space for the lease amount of money. As Zig has taught us all, "you can get anything in life you want if you just help the other guy get what he wants."
So with this in mind the Dallas LBJ office market did see a positive first quarter. There was an increase of 236,542 square feet leased. However there positive absorption in the class A properties leaving the B and C classifications had negative absorption of 31,654 square feet.
LBJ office tenants can take advantage of the 289,455 square feet of LBJ office sublease space available. However the tenant also must be aware of the future LBJ construction project and how it is going to effect the traffic to and from their prospective office building.
If you would like to position yourself to get the best office location possible for the lease amount of rent contact us and we can show you how to get a great office.
This information has been obtained from sources believed to be reliable. While we do not doubt the accuracy we make no guarantee or representation about it. It is your responsibility to independently confirm its accuracy.
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