Office Space in North Texas Cheaper Than Most Other Major Markets
By Davie Nguyen – Data Reporter, Dallas Business Journal
Although Dallas-Fort Worth ranked as the 32nd most expensive cities for office space in the world, DFW is still much cheaper than other major U.S. markets.
Dallas’ premium office rent in Uptown is $38 per square foot per year. Office space in Dallas with 6,000 square feet of premium office space leased for $207,900. That's just 24% of the price compared to London ($163 per SF) and following behind cities such as 30. Shenzhen, China ($40 per SF), and 31. Mumbai, India ($39 per SF).
Prices in 17. Austin ($63 per SF) prices soared, comparable to lease rates in 16.