Why DFW Competes and Wins Against Other Texas Cities

 In BLOG

Is Dallas-Fort Worth now a global gateway city? Dallas Business Journal and other sources say yes. But how and why? The DBJ gives a few reasons:

  • Quality Class A office space is readily available – vital for relocations
  • North Texas’ double-digit vacancy rate (currently at 17.5 percent) is a result of the region’s low barriers of entry
  • Office construction has now hit a 5-year high, with more than 8 million square feet of real estate projects underway (36.5 percent of which is pre-leased)
  • Dallas’ 5.3 percent job growth year-over-year
  • The city’s 25th consecutive quarter of net office absorption

Read the full article here: Why construction in DFW has hit a 5-year high

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