We'll help you find the ideal office or industrial space for your Dallas business, and handle your lease negotiations.
With a long track record representing both tenants and landlords, we understand what motivates each side in a lease negotiation. Our up-to-date market analysis brings you the latest on how commercial real estate trends in Dallas will affect your next deal.
As of Q1 2016, rate pressure remains in effect across all submarkets with the vacancy rate below the historic norm at 19.1 percent. In some submarkets, tenants are now even reporting renewal rates 25 to 40 percent higher than their existing leases. We expect new Class A construction to put upward pressure on rate prices going forward as space is delivered.
Throughout the rest of the year, 2.5 million square feet of vacant spec construction will deliver market wide. While we see potential signs of greater net absorption coming—from recently signed deals—the high volume of spec construction across Dallas will likely cause vacancy rates to rise by the end 2016.
Let us get to know you, your business and its goals. We'll develop an occupancy plan specific to your company using our expertise and long-standing industry relationships, assuring you receive the best deal.
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Downtown Dallas is on a positive run. Fuled by the region's recent economic boom, office absorption and rents have been increasing. Conditions have triggered new office and mixed-use construction, which will begin to deliver in late 2015 and 2016. See a building-by-building analysis.
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