DALLAS-FORT WORTH – With almost two dozen office buildings in the construction pipeline, DFW is one of the busiest U.S. commercial real estate development markets.
Yet, almost half of the 4.4 million sf of DFW office construction is already leased to tenants—meaning there's less likely to be an oversupply—according to the new report from commercial real estate firm CBRE's Dallas-Fort Worth Office Report 4Q 2017.
"With over 8.4 million sf delivered in the last two years alone, DFW's vacancy has remained stable indicating strong office occupier demand," CBRE analysts say in the report.
CBRE estimates that less than 20 percent of DFW office space was empty at the end of 2017.
Check out more sources at Dallas-Fort Worth-Arlington Office Market Research.
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