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Dallas follows Houston and San Antonio as the third largest city in Texas and is the main economic center of the twelve county Dallas–Fort Worth–Arlington metropolitan area. Dallas’s economy is based primarily on commerce, banking, computer technology, telecommunications, energy, and transport. The city of Dallas forms part of the Dallas / Fort Worth Metroplex which homes 25% of all Texans. Dallas is also the main county seat of Dallas County although certain parts of the city fall under the neighboring counties of Denton, Rockwall, Kaufman and Collin.
Dallas is made up of several districts, each with their own “feel” and style. Downtown Dallas’s districts inc “West End Historic District” which is roughly east of I-35E, west of Lamar north of Commerce, and south of Woodall Rodgers Freeway and incorporates Dealey Plaza, “the Arts District” which is between Field Street, Ross Avenue, Spur 366 (a.k.a Woodall Rodgers Freeway), the elevated Central Expressway Freeway and US 75/I-45 (unsigned I-345), “Main Street District” which is between the US 75/I-45 (I-345) elevated highway, Commerce Street, Lamar Street and Elm Street, “Farmers Market District” which can be found north of the Cedars, south of the Main Street District, northeast of the Convention Center District, west of Deep Ellum, and southeast of the Government District, the “City Center business district” south of the Arts District, east of the West End Historic District, north of the Main Street District, southwest of Bryan Place and northwest of Deep Ellum, the “Convention Center District” which is east of the Reunion District, south of the Government District, west of the Farmers Market District and north of the Cedars and finally the “Reunion District” which homes the Hyatt Regency Dallas, the Reunion Arena and Reunion Tower.
There are also several popular districts to the north of Downtown Dallas inc. “Uptown” which is bounded by Blackburn Street to the northeast, US 75 (Central Expressway) to the east , Harry Hines Boulevard to the west, Turtle Creek Boulevard to the northwest, , and Spur 366 (Woodall Rodgers Freeway) to the south, “Victory Park” which homes The American Airlines Center at 2500 Victory Avenue, “Oak Lawn” which is bordered by Central Expressway, Inwood Road, Woodall Rodgers Freeway, the City of Highland Park and Harry Hines Boulevard, “Turtle Creek” which is a neighborhood in the Oak Lawn area, “Cityplace” which is a location around the intersection of U.S. Route 75 (Central Expressway) and Haskell Avenue / Blackburn Street and homes the Cityplace Tower and “West Village” which is a mixture of domestic homes and retail stores.
Other Dallas districts inc. East Dallas which homes Deep Ellum, an arty area close to Downtown, the Lakewood neighborhood with its homely feel, the historic areas of Bryan Place and Vickery Place and Swiss Avenue which is 2.5 mls (4 km) long and features a large amount of historic property. To the north of Dallas County, Highland Park and University Park, which are known locally as “Park Cities”, is an area called Preston Hollow which homes some of the wealthiest people in Texas. Preston Hollow features numerous high-end retail stores and shopping areas inc. NorthPark Center which can be found at the intersection of Loop 12 (Northwest Highway) and the US 75 (North Central Expressway), Galleria Dallas which can be found at the intersection of the Dallas North and Tollway Interstate 635, the Preston Center at the intersection of Northwest Highway (Loop 12) and Preston Road (State Highway 289) and Highland Park Village at the corner of Mockingbird Lane and Preston Road.
Midtown Dallas is defined by having Preston Hollow to the North, University Park to the west, Uptown / City Place to the South and Lake Highlands / Lakewood to the East. Midtown consists of White Rock Lake which is located on East Lawther Drive, North Park Mall, the beautiful, popular Dallas Arboretum, the Southern Methodist University, and many new property developments along Central Expressway and Park Lane. Other areas of Dallas inc South Dallas, Oak Cliff and Arlington which homes the Dallas Cowboys Football team, Six Flags Over Texas theme park and Hurricane Harbor water park. Dallas is also home to Dallas Zoo, which opened at its current location in 1888 and is Texas's first and largest zoo.
In Dallas, the architecture is a mix of commercial office towers, high, mid and low-rise property (both domestic and commercial property) and single family homes. This abundance of varied property options coupled with the excellent amenities available, helps make Dallas a great place for commerce and business which is proven by the numerous corporate organizations that choose Dallas offices and Dallas commercial real estate as the location for their headquarters (hq). The Dallas-Fort Worth Metroplex has one of the greatest concentrations of corporate headquarters in America with 12 Fortune 500 companies choosing commercial property locations there. Whilst being considered a center for the oil and petroleum industry following oil discoveries in Kilgore, the Panhandle, the Permian Basin, Oklahoma and the Gulf Coast, Dallas also gets referred to as “the heart of Silicon Prairie" due to the high concentration of telecommunications companies in the area. The epicenter of Silicon Prairie runs along the “Telecom Corridor” which is mainly located in Richardson and homes over 5,700 telecom affiliated companies.
Dallas offers a huge directory of commercial real estate / realty and general office space and Dallas commercial property. Many varied office space solutions are available in the Dallas area inc. outright sale, long term traditional leasing options, sub-lease and sublet Dallas office space agreements and the many different flexible monthly rent agreements available from business centers and commercial real estate that offer serviced offices and executive suites. Generally it is large, “rent only” open-plan office spaces without any extra corporate services that are available on the long terms of traditional leasing agreements and these are usually managed by local realtors though officebroker.com can also assist in a search for such this kind of Dallas commercial property and office spaces. For flexible rent terms you will need to look at Dallas commercial real estate business centers that offer executive suites and serviced offices. Sizes can range from small, single workstation office spaces or even just cubicle space, to large, open-plan offices suitable for a company’s corporate headquarters (hq).
Business centers in Dallas commercial property usually offer a long directory of extra business services which can inc. executive reception services inc phone answering and call transfers which are managed by trained, professional receptionist staff, secretary and administration services, phone systems and broadband internet connections that are pre-installed via modern cat 5 cables and managed by an onsite I.T. team or commercial property management team. Dallas business centers generally make specific provision for tenant security with property security systems inc. security guards, cctv and / or security key systems. Most Dallas serviced offices and executive suites are fully decorated and fully furnished prior to occupancy inc. executive standard desks and chairs and the rental terms are usually very flexible monthly terms. Most business centers in Dallas commercial real estate offer at least one ad hoc corporate suite which can be used as a meeting, but most business center locations offer multiple meeting room suites which can be rented whenever your business needs them.
Any business with offices or an HQ in Dallas also benefits from excellent transport connections, especially air transport. Dallas-Fort Worth International Airport (DFW) is one of the largest, busiest airports in the world but Dallas also has three other airports, Dallas Love Field (DAL), Dallas Executive Airport (formerly known as Redbird Airport) and Addison Airport. The Dallas Area Rapid Transit (DART) operates the two line light rail service which runs through the city. The Blue Line travels through Oak Cliff, the Downtown area, the Uptown district, East Dallas, the picturesque Lake Highlands and Garland. The Red Line travels through the Oak Cliff area, South Dallas, the Dallas Downtown district, the Uptown Dallas district, North Dallas, the Richardson area and the Plano area. There are numerous station stops on each line inc. Mockingbird Station in the North Dallas area, 8th & Corinth Station in the Oak Cliff area, and Cityplace Station. Other transit systems in the area include “The T” bus service and the Trinity Railway Express (also known as “TRE”) which help connect Union Station in Downtown Dallas and Dallas-Fort Worth International Airport (DFW) to the rest of the city.
Dallas’s architecture is a mix of styles, some of which date back to the late 19th century although most noteworthy Dallas property was built during the modernist and post-modernist eras. Some examples of post-modernist property inc. Fountain Place which can be found on Ross Avenue in Downtown Dallas, Renaissance Tower which is located on Elm Street in Downtown Dallas, JPMorgan Chase Tower which is also on Ross Avenue, Comerica Bank Tower which was formerly known as both Bank One Center and Chase Center is located on Main Street in Downtown Dallas and Bank of America Plaza, the tallest property in Dallas, also located on Main Street. Some good examples of Dallas architecture and property from the modernist era inc JFK Memorial in the West End Historic District of Downtown Dallas, Reunion Tower - one of the most recognizable landmarks in Dallas – is the observation tower located on Reunion Blvd, Dallas City Hall which can be found at 1500 Marilla in the Government District of Downtown Dallas and Morton H. Meyerson Symphony Center on Flora Street.
Other popular attractions in the Dallas area inc. the Cotton Bowl Stadium which opened in 1932, the Dallas Museum of Art which can be found on the Woodall Rodgers Freeway between St. Paul and Harwood, The Sixth Floor Museum which can be found in the old Texas School Book Depository on Dealey Plaza at the intersection of Houston and Elm streets in Downtown Dallas, Texas Stadium which was the former home of the Dallas Cowboys and the annual State Fair of Texas.
For further information on commercial property in Dallas offering flexible office space, complete our online inquiry form to contact one of our Dallas commercial real estate consultants