{"id":38544,"date":"2020-08-14T16:51:11","date_gmt":"2020-08-14T13:51:11","guid":{"rendered":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=38544"},"modified":"2025-04-10T14:29:57","modified_gmt":"2025-04-10T11:29:57","slug":"nations-biggest-suburban-office-markets","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2020\/08\/14\/nations-biggest-suburban-office-markets\/","title":{"rendered":"D.C., DFW &#038; Bay Area Are the Nation&#8217;s Biggest Suburban Office Markets"},"content":{"rendered":"\n<p>As the pandemic is causing some firms to look for satellite offices in lower-density areas, suburban office space could stand to see additional demand. <\/p>\n\n\n\n<p>A recent <a href=\"https:\/\/www.commercialcafe.com\/blog\/markets-most-suburban-office-space\/\" target=\"_blank\" rel=\"noreferrer noopener\">study<\/a> conducted by CommercialCafe analyzed which U.S. office markets have the most office square footage in suburban areas and which of them increased office development in areas outside urban cores over the last decade. To be featured in the study, markets had to contain office space in all locations \u2014 central business district (CBD), urban and suburban \u2014 and only properties larger than 25,000 square feet were included.<\/p>\n\n\n\n<div class=\"infogram-embed\" data-id=\"e8587cd4-f9c4-457f-8a66-8bdde23be88a\" data-type=\"interactive\" data-title=\"Top 5 Office Markets - by Current Suburban Sqft\"><\/div><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script>\n\n\n\n<p>The study found that Washington, D.C. has the biggest suburban office market nationwide, with more than 230 million square feet of office space in lower-density areas. A considerable part of D.C.\u2019s sizeable office market is situated in high-demand submarkets stretching into Maryland and Virginia, which are situated outside the metro\u2019s CBDs.<\/p>\n\n\n\n<p>The Dallas-Fort Worth office market came in second, with a total of 229 million square feet of office space in suburban locations. However, this square footage represents 73% of DFW\u2019s total \u2014 compared to 58% for D.C.<\/p>\n\n\n\n<p>Non-central office space accounted for an even greater percentage of the total in the Bay Area, which occupied the last spot on the podium. Here, office space in lower-density zones amounts to 223 million square feet, or 85% of the market\u2019s total. Silicon Valley\u2019s tech clusters and headquarters represent a considerable amount of this total square footage.<\/p>\n\n\n\n<p>Closing out the top five list were New Jersey and Chicago. New Jersey features 175 million square feet of suburban office space, while that figure is 162 million for the <a href=\"https:\/\/www.propertyshark.com\/cre\/office\/us\/il\/chicago\/\" target=\"_blank\" rel=\"noreferrer noopener\">Chicago office market<\/a>.<\/p>\n\n\n\n<p>The study also looked at the submarkets that make up these larger office markets and found that three of the four largest suburban submarkets in the U.S. \u2014 Las Colinas in the first place, Platinum Corridor North in second and Platinum Corridor South in fourth \u2014 are part of the Dallas-Fort Worth office market. Tysons Corner \u2014 Washington, D.C.\u2019s largest suburban submarket \u2014 was the seventh-largest nationwide, while the Bay Area\u2019s submarkets stood out thanks to their sizeable average prices.<\/p>\n\n\n\n<div class=\"infogram-embed\" data-id=\"d455f501-eace-4ee9-ad3e-48976a5b7ae8\" data-type=\"interactive\" data-title=\"Top 5 Office Markets - by Suburban Sqft Added in the past 10 years\"><\/div><script>!function(e,i,n,s){var t=\"InfogramEmbeds\",d=e.getElementsByTagName(\"script\")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(\"script\");o.async=1,o.id=n,o.src=\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\",d.parentNode.insertBefore(o,d)}}(document,0,\"infogram-async\");<\/script>\n\n\n\n<p>When it comes to suburban office developments within the last decade, Dallas-Fort Worth came out on top with a total of 32.3 million square feet in new suburban office properties. Two properties alone added almost 4 million square feet of suburban <a href=\"https:\/\/www.propertyshark.com\/cre\/office\/us\/tx\/dallas\/\" target=\"_blank\" rel=\"noreferrer noopener\">office space in Dallas<\/a>-Fort Worth: Toyota North America\u2019s headquarters in Plano and American Airlines\u2019 headquarters in Fort Worth.<\/p>\n\n\n\n<p>The 29.4 million square feet of non-central <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/tx\/houston\/\" target=\"_blank\" rel=\"noreferrer noopener\">office space in Houston<\/a> brought it the third spot, cementing Texas as a popular location for office properties in lower-density areas.<\/p>\n\n\n\n<p>The importance of suburban offices in the Bay Area was also highlighted by the market\u2019s deliveries in the last 10 years, as 31 million square feet of all new office space \u2014 or 90% of the total \u2014 constructed here in that timeframe was in suburban areas. Silicon Valley was also home to the largest office delivery between 2010 and 2020 \u2014 Apple\u2019s sprawling corporate headquarters dubbed Apple Park with a total of 2.9 million square feet of office space.<\/p>\n\n\n\n<p>While the <a href=\"https:\/\/www.propertyshark.com\/cre\/office\/us\/dc\/washington\/\">Washington<\/a><a href=\"https:\/\/www.propertyshark.com\/cre\/office\/us\/dc\/washington\/\" target=\"_blank\" rel=\"noreferrer noopener\">,<\/a><a href=\"https:\/\/www.propertyshark.com\/cre\/office\/us\/dc\/washington\/\"> D.C. office<\/a> market currently has the largest total suburban inventory, the square footage added in the last 10 years in suburban areas only amounted to 15.8 million, or 42% of the market\u2019s total deliveries. As such, while D.C. currently features a robust office market outside its urban core, new developments in the last decade were mostly concentrated on the metro\u2019s urban areas.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.propertyshark.com\/cre\/office\/us\/ut\/salt-lake-county\/salt-lake-city\/\" target=\"_blank\" rel=\"noreferrer noopener\">Salt Lake City<\/a>\u2019s 15.5 million square feet of office deliveries in suburban areas brought it a fifth-place finish. More than a quarter of the metro\u2019s office constructions in lower-density zones were in the Lehi submarket, which is a part of the booming tech cluster of Silicon Slopes.<\/p>\n\n\n\n<p>You can read <a href=\"https:\/\/www.commercialcafe.com\/blog\/markets-most-suburban-office-space\/\" target=\"_blank\" rel=\"noreferrer noopener\">CommercialCafe\u2019s full report<\/a> for a more detailed analysis and other interesting highlights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>D.C., Dallas-Fort Worth and the Bay Area were found to be the nation&#8217;s biggest suburban office markets. DFW lead the list for suburban office developments in the last 10 years.<\/p>\n","protected":false},"author":71,"featured_media":38545,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11119,8283],"tags":[494,11171],"class_list":["post-38544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate","category-national","tag-commercial-real-estate","tag-old-study"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>D.C. Leads List for Biggest Suburban Office Market<\/title>\n<meta name=\"description\" content=\"A recent study highlighted the nation&#039;s biggest suburban office markets, as well as the areas which saw the most suburban office development.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2020\/08\/14\/nations-biggest-suburban-office-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"D.C., DFW &amp; Bay Area Are the Nation&#039;s Biggest Suburban Office Markets\" \/>\n<meta property=\"og:description\" content=\"A recent study highlighted the nation&#039;s biggest suburban office markets, as well as the areas which saw the most suburban office development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2020\/08\/14\/nations-biggest-suburban-office-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-14T13:51:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-10T11:29:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2020\/08\/suburban-office-featured-none-style.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1155\" \/>\n\t<meta property=\"og:image:height\" content=\"770\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucian Alixandrescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lucian Alixandrescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"D.C. 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With deep expertise in industrial real estate, office markets, demographics, and economics, he produces comprehensive market studies and insights on national and regional CRE trends. He also reports on adjacent subjects such as population shifts and the job market. His reports have been cited by and featured in The New York Times, Forbes, NBC, Bisnow, The Business Journals, and Yahoo Finance. Lucian holds a background in language and literature studies and brings more than 5 years of previous freelance writing experience to his commercial real estate journalism.","jobTitle":"Senior Content Writer, CRE Industry Reports & Studies","url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/author\/lucian-alixandrescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2020\/08\/suburban-office-featured-none-style.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts\/38544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/comments?post=38544"}],"version-history":[{"count":10,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts\/38544\/revisions"}],"predecessor-version":[{"id":40034,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts\/38544\/revisions\/40034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/media\/38545"}],"wp:attachment":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/media?parent=38544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/categories?post=38544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/tags?post=38544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}