Q1 2022: 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 DFW market is showing positive signs of rebounding with about 2.5 million SF of positive net absorption being witnessed over the last 12 months. The first quarter of 2022 marks the fourth consecutive quarter of positive net absorption. With DFW leading the nation with employees returning to the office coupled with the continued population growth, office vacancy is trending down, with asking rents increasing across the market. Charles Schwab moved into its 580,000-SF Westlake Campus and Keurig Dr Pepper completed its new headquarters in Frisco. High-quality, recently renovated product in downtown Dallas is luring occupiers such as Integrity Marketing Group moving into its 100,000-SF space in the iconic Fountain Place.
As always, Cresa is dedicated to helping our clients navigate their commercial real estate needs to best serve your business strategy.
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