office vacancies
Investors betting on the D-FW office market got some decent news recently, with a pair of industry reports showing a significant increase in leasing activity over the last year. CRE brokerage firm Savills clocked an 18% year-over-year spike in office leases by square footage, crediting a number of big renewals and relocations with bolstering the…
As we see strong job growth in North Texas, and housing inventory remaining low, it follows that office vacancies should be affected by economic conditions in the area. A new report issued by Cushman & Wakefield confirms this, stating that only 16 percent of DFW’s office space was empty at the end of 2014. This is the…
