White Rock Commercial Real Estate Market
The White Rock Submarket includes the primarily residential neighborhoods surrounding White Rock Lake in East Dallas, but roughly half of the office inventory is in the Baylor University Medical Center area, which is adjacent to the nightlife and restaurant hot spot of Deep Ellum.
Medical tenants dominate that area, and vacancies are structurally low. Properties in White Rock are typically smaller, and almost none of the inventory is class A or B quality.
The potential for growth in the submarket lies primarily in Deep Ellum. Most notably, KDC completed the office portion of The Epic in the western part of Deep Ellum in early 2019. The Epic added about 250,000 SF of class A office space, along with multifamily and hotel components.
On the eastern edge of Deep Ellum, Baylor Scott & White is planning an office building that will allow it to consolidate its local operations in one facility. Hines is planning an office project in the neighborhood as well. Other developers own older, loft-style buildings and empty lots in Deep Ellum, so further growth is likely in this emerging live/work/play environment.
Property types are as follows:
Office 270 Buildings/5.9 MSF
Warehouse 2 Buildings/6.7 MSF
Medical 21 Buildings/2.1 MSF
If you would like building specific information fill in our Free White Rock Commercial Space Report and submit it to us. We will respond quickly with valuable building information that you can use to locate your commercial space.
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