|Cushman & Wakefield: DFW office occupancy up nearly 50 percent||Cushman & Wakefield: DFW office occupancy up nearly 50 percent||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=10766||2015-10-10T05:00:00Z||2015-10-10T19:00:00Z|
DALLAS-FORT WORTH - As businesses grow, office occupancy across DFW has grown about 50 percent in 2015.
A Cushman & Wakefield report shows net office leasing of 4 million sf through the first three quarters, up from 2.7 million sf at this time last year.
The demand is also triggering increases in rental rates with an almost 6 percent increase from third quarter last year.
DFW is adding more office space, too, with almost 7 million sf under construction with almost half of that pre-leased.
It's no surprise where the majority of the office leasing is occurring either in Richardson's Telecom Corridor (think CityLine pictured above), Las Colinas, Legacy West in Plano and the $5 billion mile in Frisco.
|BISNOW||Dallas-Fort Worth-Arlington||Office|| https://www.bisnow.com/dallas-ft-worth/news/office/metroplex-office-leasing-continues-upward-trend-50620|
Want more? See North Texas net office leasing up almost 50 percent in 2015 from the Dallas Morning News.