2023 Office Space Rent & Sales
- $21.47 2023 Avg. Asking Rent
- 0.11% Y-o-Y Avg. Asking Rent Change
- 38.71% 2023 Office Vacancy Rate
Bedford office price per square foot in 2023 was $21.47 on average. This marked a +0.11% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 38.71% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Texas Class A & A+ Office Space$36.17
- Texas Class B Office Space$24.95
- Texas Class C Office Space$31.07
Bedford, TX Office Asking Rents by Class
Office Spaces for Rent in Texas
Coworking Spaces in Texas
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 2247 Central Dr | 2247 Central Dr, 76021 | 8,397 | 2008 |
| 2247 Central Dr | 2247 Central Dr, 76021 | 8,397 | 2008 |
| 1312 Norwood Dr | 1312 Norwood Dr, 76022 | 3,645 | 2007 |
| 1312 Norwood Dr | 1312 Norwood Dr, 76022 | 3,645 | 2007 |
| Office Building For Sale | 1105 Cheek-Sparger Road, 76034 | 3,993 | 2003 |
| The Crossings One at 121 | 2208 Highway 121, 76021 | 137,078 | 2001 |
| The Crossings Two at 121 | 2200 Highway 121, 76021 | 114,090 | 2001 |
| 121 Airport Centre I | 2208 State Highway 121, 75067 | 143,690 | 2000 |
| 1600 Airport Fwy | 1600 Airport Fwy, 76040 | 20,000 | 1998 |
| Parc Plaza MOB | 1305 Airport Freeway, 76021 | 113,654 | 1993 |
Worth noting among recent office completions on the Bedford market is 2247 Central Dr, which is currently the largest new office development in the city, at 8,397 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Bedford 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.