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OFFICE MARKET |
Tyler has eight Class A office buildings totaling 827,000 square feet with a 2006 occupancy rate of 93%. There are 28 Class B building with 910,000 square feet and a 84.6% occupancy rate. In Class C, there are 13 buildings with 315,000 square feet and they are 86.2% occupied. The table below shows Tyler’s major Class A office users.

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Building Name |
Location |
Largest Tenant |
First Place |
Downtown |
Regions Bank |
Grande Center |
South Tyler |
EOG Resources |
Herd Building |
South Tyler |
Ty-Tex Exploration |
Hibbs Financial Center |
South Tyler |
Claims Administrative Services
Hibbs-Hallmark |
One American Center |
South Tyler |
Wilson Law Firm
Internal Revenue Service
PBS & J Engineers |
Plaza Tower |
Downtown |
U.S. Bankruptcy Court
U.S. Attorneys |
Southeast Center |
South Tyler |
Bank of America |
Two American Center |
South Tyler |
Healthfirst |
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The average lease rates for office space increased 5.0% in 2007, and occupancy increased slightly by 2%.

More detailed information about Class A, B, and C office space and users can be found in the Office Market Survey produced annually by Burns & Noble Commercial Real Estate.
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