Dec 1, 2017
2018? Frisco domination with 1.32MSF of office space
FRISCO – The overbuilt and bustling central business districts leave little room for new construction, consequently, investors are shifting focus towards the suburbs, where vacant land is still available and...
FRISCO – The overbuilt and bustling central business districts leave little room for new construction, consequently, investors are shifting focus towards the suburbs, where vacant land is still available and the potential for large-scale development is bigger, according to RentCafe.
The pace of Frisco office development is set to almost double in 2018.
Frisco is set to land the second largest amount of office deliveries in Texas, increasing its existing inventory by 29 percent with 1.32 million square feet of competitive office space.
"Next year, however, there are five buildings scheduled for delivery, totaling 1.32 million square feet of office space,” Corina Tarta, RentCafe analyst for this project, tells GlobeSt.com.
Spring will add 680,000 square feet of competitive office space to its 20.3 million square feet inventory, outranking both Addison, and Plano, and increasing its inventory by 25 percent.
Find out more about the projects at GlobeSt.com.
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