Q4 2020: DFW Office Market Report
The Dallas / Fort Worth quarterly Office Market Report details Class A & B stats across each submarket in the metroplex as well as DFW as a whole.
The latest Q4 data shows that the DFW market economy continued its recovery with jobless rates decreasing to 6.3% by year-end. Area population growth continued with over 120,000 new residents gained over the year. For the first time since 2010, four consecutive quarters of negative net absorption, totaling 4.9MSF, has been reported. However at the same time, the market had 4.4 MSF of new space delivered, showing signs of economic promise.
As always, Cresa is dedicated to helping our clients navigate an uncertain and challenging climate.
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