Richardson Texas Industrial
Real Estate Market
Richardson Industrial Market Stats
Updated 1-31-25
| Bldg Range | Market Size (SF) | Property Count | Avail. Space | Vacancy % | Est. Rental Rate |
|---|---|---|---|---|---|
| 0 SF - 50K | 1M SF | 52 | 47.0K SF | 4.7% | $13.25/SF |
| 50K - 200K | 2.5M SF | 29 | 462K SF | 18.5% | $11.75/SF |
Richardson Flex Market Stats
Updated 1-31-25
| Bldg Range | Market Size (SF) | Property Count | Avail. Space | Vacancy % | Est. Rental Rate |
|---|---|---|---|---|---|
| 0 SF - 20K | 1M SF | 78 | 72.2K SF | 7.82% | $15.75/SF |
| 20K - 100K | 4.8M SF | 126 | 545K SF | 11.35% | $15.75/SF |
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Three Reasons to move or expand your business in Richardson, TX.
1.) Thriving Business Environment:
Richardson is known for its robust economy, particularly due to its nickname as the "Telecom Corridor." It hosts numerous large corporations such as AT&T, Verizon, and Samsung, alongside a vibrant startup ecosystem. The city supports over 5,000 businesses, offering a diverse range of industries from tech to insurance. This environment fosters collaboration and innovation, making it an ideal spot for both established companies looking to expand and startups seeking to grow. The presence of co-working spaces, accelerators, and business development programs also supports entrepreneurial growth.2.) Strategic Location and Accessibility:
Located just north of downtown Dallas, Richardson offers excellent access to major transportation networks, including the DART light rail system, which provides a 20-minute commute to downtown Dallas. This connectivity is crucial for businesses needing to interact with other metropolitan areas like Dallas and Fort Worth. The city's strategic position between these urban centers allows businesses to enjoy suburban benefits while being close to urban amenities and markets. Furthermore, Richardson's well-developed infrastructure, including highways and public transit, facilitates ease of movement for employees and goods.3.) High Quality of Life:
Richardson is noted for its safe neighborhoods, quality educational institutions like the University of Texas at Dallas, and a rich cultural scene. The city boasts a lower crime rate compared to many Texas cities, providing a secure environment for employees and their families. There are ample recreational opportunities with 38 parks, various trails, and cultural spots like the Eisemann Center for Performing Arts. This high quality of life can be a significant draw for attracting and retaining skilled workers. Additionally, the cost of living, while higher than the national average, is still manageable, offering a balance between amenities and affordability.
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Disclaimer - The information provide on this webpage is obtained from multiple sources believed to be reliable. We make no guarantee, warranties or representations as to the completeness or accuracy thereof. Always conduct your own research and consult with professionals before making leasing decisions. The data is subject to change any time.
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