Arts District / Downtown East is a trophy-tier Class A submarket of Dallas with average asking rent around $52/sqft/yr.
Trophy stock at the museum cluster. · Tier: trophy · Avg rent: $52/sqft/yr
The Arts District anchors Downtown East — a wave of trophy repositioning (Trammell Crow Center, Bank of America Plaza, Comerica Bank Tower) is reshaping the legacy CBD.
Banking, energy, law, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
St. Paul, Akard (DART).
Multi-modal transit captures the metro's principal professional catchment.
Klyde Warren Park, Dallas Museum of Art, AT&T Discovery District.
Arts District / Downtown East is one of 6 Class A submarkets we cover in Dallas, classified as trophy tier with an average asking rent around $52/sqft/yr. Compared with the broader Dallas Class A stock, Arts District / Downtown East typically attracts Banking, energy, law, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Arts District / Downtown East: Uptown, Victory Park, Legacy West (Plano), Las Colinas (Irving). The full Dallas submarket atlas is at /cities/dallas.
For an institutional Class A occupier evaluating Arts District / Downtown East, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Dallas Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.