Service · Office Leasing
Office leasing.
Class A and B office along the SH 114 and SH 121 corridors, suburban professional, and medical office across Keller, Grapevine, and Southlake. Grapevine office currently averages $21.79/sf with 18.75% vacancy (CommercialCafe, 2024) — a tenant-favorable market for renewals, relocations, and right-sizing.
What I lease
Office product.
- 01
Class A office — SH 114
Full-floor and partial-floor suites along the premier east–west office spine. Headquarters relocations, regional offices, and consolidation plays. - 02
Class B suburban office
Mid-rise and garden office in Keller, north Grapevine, and Southlake — strong fit for professional services and small firms. - 03
Medical office
Dental, derm, primary care, urgent care, physical therapy, vet. Build-out coordination for plumbing, electrical, and HVAC retrofits. - 04
Creative & flex office
Tilt-wall and converted space for design, marketing, and tech-adjacent tenants needing higher ceilings and open plans.
Why now
Market context.
- 01
$21.79 / sf
Avg office asking rent (CommercialCafe, 2024)Below pre-2020 peaks. Strong negotiating room on base rent, TI, and free rent. - 02
18.75% vacancy
Office vacancy (CommercialCafe, 2024)Tenant-favorable. Landlords negotiating $30–$60/sf TI, 3–9 months free rent, and shorter terms. - 03
SH 114 demand
Schwab, Sabre, and a deep base of financial services in adjacent Westlake/Southlake sustain steady absorption along the corridor.
Engagement
How an office deal runs.
- 01
Requirement profile
Headcount, seat count, growth assumption, parking ratio (cars/1,000 sf), conference needs, IT/AV, and 3–5 year planning horizon. - 02
Market survey
On-market and off-market inventory across SH 114, SH 121, Town Square, and FM 1709 — including subleases and pre-construction. - 03
RFP & LOI
Parallel RFPs to landlord finalists, side-by-side bid comparison, then negotiated LOI with rent, TI, free rent, escalations, options, and parking allocations. - 04
Build-out
Test fit with your architect, GC bidding, and tracking of landlord-work milestones against rent commencement.
FAQ
Frequently asked.
Common questions about this market and service. Don't see yours? Call (817) 559-1235.
- What's a typical Grapevine office TI allowance?
- Class B suburban: $20–$40/sf with shorter terms. Class A on SH 114: $40–$80/sf for 5–7 year terms, higher for longer terms. Medical office retrofits run highest.
- Is this a good time to renew?
- For most Class B and selective Class A tenants — yes. With ~18.75% vacancy in Grapevine office, landlords are negotiating blend-and-extend deals with reset rates, additional free rent, and refreshed TI months ahead of natural expiration.
- What about medical office?
- Strong fit across all three submarkets. Daniel coordinates plumbing, electrical, HVAC, and shielding retrofits with vetted DFW MOB GCs and architects.
- Where's the Class A office demand?
- SH 114 corridor — Southlake, Westlake, and into north Grapevine. Anchored by Schwab, Sabre, and a deep base of financial services and corporate headquarters.
Ready to talk?
Daniel personally runs every Keller, Grapevine, and Southlake assignment. Start with a 20-minute call.