• Q3 2018 yielded the most net absorption in a single quarter so far this year, with a positive 847,191 sq. ft. Year-to-date, market net absorption totals just under 1 million sq. ft. 
  • Currently 15 projects remain in the construction pipeline with a pre-lease rate of 65%, showing a strong demand for new office product coming to market.
  • Overall asking rents experienced upward momentum with the average increasing 121 basis points (bps) to $25.03 per sq. ft. on a full service gross basis. 
  • For the first time this year, the market saw a decrease in vacancy by 20 bps to 20.7%.
  • According to the Bureau of Labor Statistics, the DFW maintained its robust job growth by adding 116,900 non-farm jobs since July 2017, a 3.3% annualized gain.