 |
 OFFICE MARKET |
Burns Commercial Real Estate compiles an annual Office Market survey providing a detail assessment of office space availabity and lease rates in the Tyler, TX Market.
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Office Classification |
Buildings |
Total SF |
Vacant SF |
Occupancy |
Avg Lease/SF |
Class A space |
11 |
850,340 |
64,130 |
92.5% |
$17.41 |
Class B space |
31 |
1,088,415 |
212,911 |
80.4% |
$12.73 |
Class C space |
10 |
232,140 |
16,498 |
92.9% |
$11.25 |
Tyler CBD (Downton) |
17 |
867,954 |
133,751 |
84.6% |
$11.79 |
Tyler Suburban (South Tyler) |
35 |
1,302,941 |
159,788 |
87.8% |
$14.23 |
Total market |
52 |
2,170,895 |
293,539 |
86.5% |
$13.44 |
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The average lease rates for office space increased 6.0% in 2009 while occupancy rates dropped an average 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 Commercial Real Estate.
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 | | The Adopt A Highway program originated in Tyler, TX. In 1985, the Tyler Civitan adopted the very first two-mile stretch of U.S. Highway 69 - the rest, is history! |
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