2018 Q3 DFW OFFICE Market Trends

Overview

– Since the last census in 2010, the Census Bureau estimates the population of the Dallas-Fort Worth MSA grew by 900,000 or an average of 129,000 people per year.

– For the cycle so far, the total net job gains has been 875,400. This is second in the nation behind New York, which has a much larger base.

– Of the total 351,759 square feet of net absorption recorded in the third quarter, Class A was 467,546 square feet, while Class B was a negative 234,170 square feet and Class C was a positive
118,383 square feet.