Q2 2021: 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.
Market conditions have seen improvement in the second quarter with 58,000 square feet of negative net absorption compared to the 2.6 million square feet of move-outs in Q1 21. Leasing activity improved as well, with 3.6 million square feet being transacted for a near total of 7.2 million square feet for the first half of the year. Just over 1,400 new/direct leases were signed — Of those, 22 were 20,000 square feet or greater. The Dallas Central Business District and Uptown captured half of these large leases.
As always, Cresa is dedicated to helping you navigate your commercial real estate needs to best support your business strategy.
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