We are please to give you our analysis of the Irving Las Colinas office market activity for the first quarter of 2010.
Irving Las Colinas First Quarter 2010 Office Market Report
|
Building Class
|
# Buildings |
Total SF |
Available SF |
% Available |
Sublease SF |
YTD Absorption |
| A |
22 |
6,838,983 |
1,302,722 |
25.3% |
207,128
|
94,110 |
| B |
18 |
1,134,654 |
1,959,602 |
26.5% |
82,317 |
174,086
|
| C |
2 |
48,147 |
271,898 |
32.6% |
0 |
-34,654 |
| Total: |
42 |
2,310,381 |
3,534,220 |
26.4% |
289,542 |
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 Irving Las Colinas market did see a positive first quarter. There was an increase of 236,542 square feet leased and this is good news for landlords. However the positive absorption was experience in the class A properties leaving the B and C classifications in need of some activity.
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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