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Richardson is home to many of Dallas’ most cutting-edge companies from industries like telecom, IT, and bioscience firms. Many professional services, manufacturing companies, and international corporations are also headquartered in Richardson. The largest employers in the city include BlueCross BlueShield of Texas, ZTE, State Farm, and Raytheon, and several other global names. Office space ranges between 2,500 and 100,000 SF, mostly serving medium to larger sized business in large spaces appropriate for corporate headquarters, traditional space for mid-sized firms, and flex/tech-oriented space with production areas and overhead doors. Rents average $29 SF for Class A, $22 SF for Class B, and $16 SF for flex/tech space. Parking is typically abundant throughout Richardson and unreserved spaces are typically included in rental rates.
Richardson is rapidly changing to meet the demands of the dynamic industries it serves. CityLine is a massive mixed-use development that is quickly expanding the live, work, and play concept that is already prevalent throughout the city. The development integrates residential and commercial space with many new entertainment and dining options to create an immersive experience. The commute to and from Richardson already utilizes some of the region’s most innovative public transit solutions that will only expand in the next few years. Although the usually congested Central Expressway is the main transportation artery through the city, Richardson features many DART stations serving both the Red and Orange Lines. The Cotton Belt Commuter Rail will also be serving the city with its DFW International line upon completion. These public transit options can add tremendous value to a company by making it more attractive to talent through reliable and efficient commuter solutions that avoid the Dallas rush hour.
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|Neighborhood||Average Available SQFT||Average Rate / SQFT PER Month||NUMBER OF AVAILABLE SUITES|
|Addison||2,700||$1.02 / SF||30|
|Bishop Arts District||-||-||< 30|
|Carrollton||3,900||$1.00 / SF||119|
|Casa Linda||-||-||< 30|
|Casa View||22,000||$0.35 / SF||< 30|
|Central Expressway||-||-||< 30|
|Deep Ellum||18,000||-||< 30|
|Downtown||2,300||$1.35 / SF||< 30|
|East LBJ||3,100||$0.79 / SF||67|
|Fair Park||-||-||< 30|
|Far North Dallas||2,600||$1.35 / SF||< 30|
|Farmers Branch||4,900||$1.22 / SF||< 30|
|Frisco||8,700||$1.25 / SF||< 30|
|Garland||3,200||$0.78 / SF||65|
|Highland Park||-||-||< 30|
|Irving||2,500||$1.53 / SF||94|
|Lake Highlands||3,300||$0.77 / SF||48|
|Las Colinas||2,300||$1.54 / SF||46|
|McKinney||4,600||$1.19 / SF||< 30|
|Mesquite||18,000||$0.50 / SF||< 30|
|North Dallas||-||-||< 30|
|Northwest Dallas||2,800||$0.70 / SF||48|
|Oak Cliff||11,000||$0.85 / SF||< 30|
|Oak Lawn||-||-||< 30|
|Plano||4,700||$1.02 / SF||< 30|
|Preston Center||-||-||< 30|
|Preston Hollow||-||-||< 30|
|Redbird||5,200||$1.00 / SF||< 30|
|Richardson||4,000||$0.97 / SF||72|
|South Dallas||-||-||< 30|
|Stemmons||2,500||$1.53 / SF||94|
|Trinity Groves||4,800||-||< 30|
|University Park||-||-||< 30|
|West LBJ||3,000||$1.23 / SF||116|