Highlights
- The average rent for office space in Dallas is $32.11 per square foot, 2.07% higher compared to the previous year.
- The average sale price for office space in Dallas is $350.61 per square foot, marking an increase of 167.13% compared to 2024.
- The market’s vacancy rate stands at 22.42%, higher than the state average of Texas, which is 17.16%.
- Renting Class A/A+ office space here costs $36.91 per square foot, while Class B averages $23.99 and Class C stands at $14.66.
- 74,000 square feet is currently under construction.
2025 Office Space Rent & Sales
- $32.11 2025 Avg. Asking Rent
- 2.07% Y-o-Y Avg. Asking Rent Change
- 22.42% 2025 Office Vacancy Rate
- $2.7B2025 Total Office Sales
- $350.61Avg. Sale Price/SF
What is the average asking rent price for office space in Dallas?
Average asking rents for office space here stand at $32.11 per square foot. The local office market recorded an average vacancy rate of 22.42% in 2025, unchanged from 22.42% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $2.7B across 49 sales. These transactions commanded an average sale price per square foot of $350.61.
Dallas, TX Office Asking Rents by Class
What is the average office rent per square foot by property class in Dallas?
- Avg. Asking Rent Class A & A+$36.91
- Avg. Asking Rent Class B$23.99
- Avg. Asking Rent Class C$14.66
The average asking rent for Class A and A+ office space stood at $36.91 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Dallas averaged $23.99 per square foot, while the average for Class C space was $14.66 per square foot.
What is the average office rent per square foot by property class in TX?
- Avg. Asking Rent Class A & A+$39.66
- Avg. Asking Rent Class B$24.95
- Avg. Asking Rent Class C$20.18
For comparison, the average rent for Class A and A+ office space in Texas was $39.66 per square foot. The state-wide average for Class B space was $24.95 per square foot, and Class C office spaces averaged $20.18 per square foot.
Dallas, TX Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Uptown/Oak Lawn | $67.14 | 15.20% |
| Preston Hollow | $65.23 | 8.46% |
| Central Expressway | $34.32 | 21.88% |
| Platinum Corridor South | $32.11 | 18.94% |
| East Dallas | $30.70 | 14.76% |
| North Dallas | $28.58 | 20.85% |
| Las Colinas | $27.85 | 25.15% |
| Dallas Central Business District | $27.63 | 34.69% |
| Northwest Dallas | $26.71 | 15.92% |
| Telecom Corridor | $23.26 | 20.52% |
| West Dallas | $20.57 | 22.26% |
| Lake Highlands | $19.20 | 26.05% |
| South Dallas | $18.12 | 44.55% |
2025 Office Sales Volume
- $350.612025 Avg. Price per SF
- $2.7B2025 Office Sales Volume
- 492025 Number of Transactions
What is the average sale price per square foot for office space in Dallas?
Average sale prices for office space in this market recorded a +167.13% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $350.61 per square foot. For comparison, the statewide Texas average during the same time period stood at $180.25 per square foot, while the national average was $182.48 per square foot.
Dallas, TX Sale Price per SF Trend
- Dallas Avg. Sale Price per SF in 2025$350.61
- Texas Avg. Sale Price per SF in 2025$180.25
What was the total office sales volume in Dallas in 2025?
The local office market recorded 49 deals in 2025, adding up to a yearly sales volume of $2.7B.
- Dallas, TX Total Office Sales Volume in 2025 $2.7B
- Dallas, TX Total Number of Office Sales Closed in 2025 49
What were the largest office building sales in Dallas in 2025?
The market’s largest transaction last year was the sale of Link at Uptown, The for $218,000,000 on 7/29/2025. The next-highest sale was the transaction involving Walnut Glen Tower, which traded for $26,100,000. The third-largest transaction was the sale of 16980 Dallas Pkwy for $7,000,000.
| Property name | Address | Date | Price |
|---|---|---|---|
| Link at Uptown, The | 2601 Olive Street | 7/29/2025 | $218,000,000 |
| Walnut Glen Tower | 8144 Walnut Hill Lane | 12/23/2025 | $26,100,000 |
| 16980 Dallas Pkwy | 16980 Dallas Pkwy | 4/23/2025 | $7,000,000 |
2025 Office Construction in Dallas, TX
- Dallas, TX Total SF completed in 2025 920,385
- Dallas, TX Total SF under construction in 2026 74,000
How much office space was built in Dallas in 2025?
Looking forward, development activity in 2026 is estimated to add 74,000 square feet of office space to the market in total.
What are the largest recent office completions in Dallas?
The largest recent office completion here is 23Springs at 641,563 square feet, completed in 2025. The next largest completions are 300 Pearl and The Epic II.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 8300 Douglas | 8300 Douglas Ave., 75225 | 290,000 | 2026 |
| 23Springs | 2323 Cedar Springs Road, 75201 | 641,563 | 2025 |
| 8111 Douglas | 8111 Douglas Ave., 75225 | 220,523 | 2023 |
| Maple Terrace | 3001 Maple Ave, 75201 | 157,000 | 2023 |
| The Capital Design District | 1333 Oak Lawn Avenue, 75207 | 125,865 | 2023 |
| The Epic II | 2500 Pacific Avenue, 75226 | 485,000 | 2022 |
| The Ruston | 1900 S Ervay St, 75215 | 16,701 | 2022 |
| 300 Pearl | 2110 Jackson Street, 75201 | 558,214 | 2021 |
| The Link at Uptown | 2601 Olive Street, 75201 | 292,000 | 2021 |
| Medical City Heart & Spine Campus - Pavilion II & III | 12228 North Central Expwy, 75243 | 175,875 | 2021 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.