DALLAS – Expanding and relocating businesses are in the market for almost 20 million sf of area office space, according to commercial real estate firm JLL.
About 40 percent of those companies are either in tech or financial services. Only 3 percent are in the energy business.
More than four million sf of deals are pending in Far North Dallas, while about three million sf are in Las Colinas. Downtown Dallas has about 1.3 million in office lease prospects, according to JLL.
JLL's tally of prospective office deals in North Texas adds up to more than twice the amount of space now being built.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.