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Office Insight

United States | Dallas, TX

Report | Dallas Office Insight - Q4 2016

Summary

Market fundamentals remain balanced across Dallas as 2016 wraps up, with a large construction pipeline offsetting strong demand. Rental rate pressure is still in play across nearly all submarkets, though growth is slowing. Rates on a quarterly basis are currently up less than 1 percent (as of Q4).

60 percent of the construction pipeline set to deliver in 2017 and early 2018 is made up of large build-to-suit projects. For the market to remain balanced as it delivers, older existing space will need to be backfilled.

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