In the past, Frisco was known for its residential existence; however, its retail presence has grown exponentially over the last several years. Stonebriar Mall, with 165 stores, and Ikea, a 300,000 Square Foot furniture showroom, have both positively impacted the retail traffic of the city; Frisco real estate is not limited to retail, though boasting significant high end office space projects making this a premier destination in the Dallas office space market. Frisco is a dynamic, exciting city in the northern Metroplex that continues its remarkable change from a quiet residential area to an economic force. As appealing as Frisco is to companies hoping to harness its potential, its rapid development requires an experienced guide to make sound choices in local office space.
Frisco commercial space has change significantly and has become synonymous with large corporate headquarters and campuses, professional firms, and larger distributors have all moved into Frisco's appealing borders, further cementing the city's place within the region's dynamic economic growth. Commercial space varies widely in Frisco, ranging from 2,000 to 30,000 SF, predominantly in Class A+ high-rises and Class B complexes. Rents also vary according to the type of space, with Class A properties averaging over $30 per SF. The much-publicized construction of Frisco Station, a $5 billion multi-use development that includes residential, retail, and office space, will continue the city's remarkable economic evolution. The first office building alone will create an additional 225,000 SF of Class A office space, only further extending Frisco’s already substantial corporate appeal.
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