In Texas, Austin was the most expensive market for office space in the second quarter of 2024. The rental rate of class A offices was nearly 52 U.S. dollars per square foot, compared to 26 U.S. dollars per square foot for El Paso. Dallas, which is the largest office real estate market in the state, had rental rates of about 30.3 U.S. dollars for all classes and 35.7 U.S. dollars for class A offices. In the United States, Manhattan, San Francisco, and Silicon Valley-South Bay fetch the highest office rental rates.
Average asking rent for office space in Texas, United States in 2nd quarter 2024, by submarket
(in U.S. dollars per square foot)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Cushman & Wakefield. (July 12, 2024). Average asking rent for office space in Texas, United States in 2nd quarter 2024, by submarket (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1305458/office-space-rental-rates-texas-by-submarket/
Cushman & Wakefield. "Average asking rent for office space in Texas, United States in 2nd quarter 2024, by submarket (in U.S. dollars per square foot)." Chart. July 12, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1305458/office-space-rental-rates-texas-by-submarket/
Cushman & Wakefield. (2024). Average asking rent for office space in Texas, United States in 2nd quarter 2024, by submarket (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1305458/office-space-rental-rates-texas-by-submarket/
Cushman & Wakefield. "Average Asking Rent for Office Space in Texas, United States in 2nd Quarter 2024, by Submarket (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 12 Jul 2024, https://www.statista.com/statistics/1305458/office-space-rental-rates-texas-by-submarket/
Cushman & Wakefield, Average asking rent for office space in Texas, United States in 2nd quarter 2024, by submarket (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1305458/office-space-rental-rates-texas-by-submarket/ (last visited November 09, 2024)
Average asking rent for office space in Texas, United States in 2nd quarter 2024, by submarket (in U.S. dollars per square foot) [Graph], Cushman & Wakefield, July 12, 2024. [Online]. Available: https://www.statista.com/statistics/1305458/office-space-rental-rates-texas-by-submarket/
