DFW’s Office Market Third Quarter Ends on a Positive Note


Dallas-Fort Worth had a slow second quarter but that is not the case for quarter three. Vacancies are rising in DFW thanks to being over the net absorption and unemployment is low with a job growth of 3%.

Class-A and Class-B have a bit of space between them with Class-B having absorption of less than half of Class-A. Rental rates for Class-A grew over 5% and Class-B grew just of 2%.


According to Bisnow, there are five key DFW statistics in the office market:

  1. Year-to-date net absorption: 2.1M SF
  2. Under construction: 6.2M SF
  3. Total vacancy: 19.7%
  4. Average asking rent: $27.68/SF
  5. Concessions: Stable

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