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United States | Dallas, TX

Report | Dallas Office Insight - Q3 2015

Summary

The region’s ongoing job gains and continued tight market conditions have resulted in significant rental rate growth over the past two years in half of Dallas’ submarkets. That upward pressure on rates has now begun to impact all submarkets, even those with higher vacancy like Stemmons and LBJ Freeway.

Year-over-year, rate increases for Class A and B space now average 6.3 percent, and range from 1.5 percent in Stemmons Freeway to 9.0 percent for North Central Expressway. Class A space is outpacing this slightly as some of the highest demand submarkets are realizing gains well above 8.0 percent.

 Learn more about what’s happening—and what we expect to occur in the coming months—in the Dallas office market.

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