Central Expressway Commercial Real Estate Market
Vacancies in Central Expressway have risen in recent quarters, they are still near all-time lows. With vacancies this low, landlords have pushed rents at one of the fastest rates in the metro over the past few quarters.
The submarket is usually heavily traded and volume has picked up in the last twelve months with about $326M in sales. However, a significant portion of recent volume was due to the sale of the 1.35 million-SF Cityplace Tower, the largest asset in the submarket.
The Central Expressway Submarket runs along the North Central Expressway, with its southernmost point starting at the Dallas CBD and its northernmost point ending at the LBJ Freeway.
Virtually all of the submarket's inventory is located within a stone's throw of the Central Expressway. The submarket has a heavy concentration of financial services, telecom, and tech firms.
Property types are as follows:
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Office 280 Buildings/15.1 MSF
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Warehouse 2 Buildings/246 KSF
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Medical 15 Buildings/1.1 MSF
If you would like building specific information fill in our Free Central Expressway Commercial Space Report and submit it to us. We will respond quickly with valuable building information that you can use to locate your Central Expressway commercial space.