Garland Office Market Trends

Office Rental Market

  • $18.39 2019 Avg. Asking Rent
  • 12.78 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Garland was $18.39 per square foot, and the office vacancy rate across the market averaged 12.78 %. During 2019, developers added 0 square feet of new office space to the Garland market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Garland Class B Office Buildings$18.92
  • Garland Class C Office Buildings$14.52
  • TX Class A Office Buildings$34.48
  • TX Class B Office Buildings$23.32
  • TX Class C Office Buildings$16.03

Garland, TX Office Asking Rents by Class

OFFICE CONSTRUCTION IN Garland, TX

  • Garland, TX Total Sqft completed in 2019 0
  • Garland, TX Total Sqft under construction in 2020 0
10 Largest Office Buildings in Garland
Building name Address Total Sqft Year built
The Offices at Firewheel Town Center 650 Beebalm Lane, 75040 152,803 2005
North Garland Medical Center 7217 Telecom Pkwy, 75044 95,538 2018
Chase Bank Building 3200 Broadway Blvd, 75043 90,946 1986
Texas Brand Bank Building 1919 South Shiloh Road, 75042 84,108 1983
Baylor Garland Campus - Medical Plaza IV 530 Clara Barton Blvd, 75042 74,616 2006
310 Office Plaza 310 East Interstate 30, 75043 70,000 1984
Baylor Garland Campus - Medical Plaza III 601 Clara Barton Blvd, 75042 68,721 2002
Northgate Business Park IV 2010 Merritt Drive, 75041 58,193 1986
2611 North Belt Line Road 2611 North Belt Line Road, 75044 55,715 1984
Baylor Garland Campus - Medical Plaza I 700 Walter Reed Blvd, 75042 53,148 1988
Largest Office Properties Recently Completed in Garland
Office building Address Sqft Completed
North Garland Medical Center 7217 Telecom Pkwy, 75044 95,538 2018
1992 Forest Lane 1992 Forest Lane, 75042 34,180 2007
Baylor Garland Campus - Medical Plaza IV 530 Clara Barton Blvd, 75042 74,616 2006
The Offices at Firewheel Town Center 650 Beebalm Lane, 75040 152,803 2005
Baylor Medical Plaza 7150 North President George Bush Hwy, 75044 44,730 2005
Baylor Garland Campus - Medical Plaza III 601 Clara Barton Blvd, 75042 68,721 2002
3162 Miller Park North 3162 Miller Park North, 75042 35,000 1995
Baylor Garland Campus - Medical Plaza I 700 Walter Reed Blvd, 75042 53,148 1988
Chase Bank Building 3200 Broadway Blvd, 75043 90,946 1986
Northgate Business Park IV 2010 Merritt Drive, 75041 58,193 1986
Data provided by Commercial Edge

Office Spaces for Rent in Texas

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The Garland office market contains an inventory of 1,203,956 square feet of office space, in 34 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Garland commercial properties sized 25,000 square feet or larger.

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 CommercialEdge can guarantee that the information provided is complete.