Q1 2021: DFW Office Market Snapshot
With the 1st Quarter of 2021 coming to a close, we collected and analyzed preliminary data to provide a quick update of the DFW Office market.
Our Key Takeaways:
- New construction inventory continues to trend upward, affecting both the increase of vacant & available space
- Year-over-Year trends show office sublease space is continuing to be added to the market
- Based in part on New Construction Deliveries, Submarket vacancies range from 33.3% to 13.9%
- The top submarkets seeing an influx of sublease space include:
- Dallas CBD
- Upper Tollway/West Plano
- Quorum/Bent Tree
- East LBJ Freeway
Download the full report to learn more.
DFW Office Market: Q1 2021 vs. Q1 2020
Source: Cresa + CoStar