Market forces encourage Dallas office development

​​DALLAS – With downtown’s new office buildings leasing up as construction slows, is the timing right to go "spec"?

Since the start of this cycle, 3.2 million sf of office buildings have been delivered in Uptown and the central business district, reports JLL Research. ​

Currently, 2.5 million sf have been leased in these assets at among the highest rental rates in the market.

The strong leasing performance—combined with a lull in construction—sets the stage for the next wave of office development. 

​The 298,000-sf Weir’s Plaza is the only project imminently breaking ground at 14 percent leased.