---
title: Dallas office space demand among strongest in the USA
description: Long a magnet for corporate relocations and expansions, Dallas-Fort Worth ranks among the top 10 metros nationwide with a strong demand for pre-leasing office space.
image: https://blog.usfreedomcap.com/hubfs/the-dar-265-1.jpg
---
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# Dallas office space demand among strongest in the USA
Posted by [USFC Team](https://blog.usfreedomcap.com/author/usfc-team) on Mar 19, 2018 8:00:00 AM
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Long a magnet for corporate relocations and expansions, Dallas-Fort Worth ranks among the top 10 metros nationwide with a strong demand for pre-leasing office space.
According to a March 14 report by CBRE Group, about 1.1 million square feet of roughly 3.75 million square feet of local office space expected to deliver between 2018 and 2022 has been pre-leased. That represents a pre-lease rate of 41 percent.
Robert Kramp, director of research and analysis with CBRE, says the figures show the region not only has a robust construction pipeline, but tenants are quickly snapping up space as it becomes available.
Demand for Dallas-Fort Worth office space stems from a couple of factors. One is the ease of securing real estate in the area.
"One of the reasons DFW has been a magnet for corporate relocations and expansions is the supply of Class A office space and companies can discretely negotiate terms moving into office space, versus getting into a bidding war," Kramp added.
And with a low unemployment and a demand for talent, companies are moving to and expanding in offices that offer amenities they think will be attractive to existing workers and new hires.
"Building owners are adding additional amenities like tenant lounges, WiFi connections throughout and fitness centers so that the average employee can stay at the building longer and be more efficient," said [Shannon Brown](https://www.bizjournals.com/dallas/search/results?q=Shannon%20Brown), first vice president at CBRE.
With that in mind, neither Kramp nor Brown sees DFW's office space being overbuilt in the near future.
Austin, the other Texas city included in the report, has a pre-leasing rate of 53 percent for about 3 million square feet.
Nationwide, almost 60 percent of new office construction slated for completion in 2018 and 2019 is already pre-leased, according to the report.
---
By: Will Anderson and Korri Kezar – Dallas Business Journal, Mar 16, 2018. A link to the original article can be found [here](https://www.bizjournals.com/dallas/news/2018/03/16/dfw-office-space-demand-among-strongest-in-the.html?ana=e_ae_set1&s=article_du&ed=2018-03-16&u=eexuJV3OIBEVY8geAFpVcA0e7f6f4c&t=1521301331&j=80542601).
Topics: [Texas](https://blog.usfreedomcap.com/topic/texas), [economy](https://blog.usfreedomcap.com/topic/economy), [office](https://blog.usfreedomcap.com/topic/office)
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- [World industrial production index (1)](https://blog.usfreedomcap.com/topic/world-industrial-production-index)
- [World-Class Minds (1)](https://blog.usfreedomcap.com/topic/world-class-minds)
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- [merit-based admissions (1)](https://blog.usfreedomcap.com/topic/merit-based-admissions)
- [middle skill occupations (1)](https://blog.usfreedomcap.com/topic/middle-skill-occupations)
- [office (1)](https://blog.usfreedomcap.com/topic/office)
- [office rents (1)](https://blog.usfreedomcap.com/topic/office-rents)
- [office-leasing market (1)](https://blog.usfreedomcap.com/topic/office-leasing-market)
- [regional center (1)](https://blog.usfreedomcap.com/topic/regional-center)
- [tax breaks (1)](https://blog.usfreedomcap.com/topic/tax-breaks)
- [tax incentives (1)](https://blog.usfreedomcap.com/topic/tax-incentives)
- [unemployment (1)](https://blog.usfreedomcap.com/topic/unemployment)
- [update (1)](https://blog.usfreedomcap.com/topic/update)
- [usfc (1)](https://blog.usfreedomcap.com/topic/usfc)
See all
### Recent Posts
[](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/eb5-best-option-indian-nationals)
[EB-5: The Best (and Only?) Option for Many Indian Nationals (v2)](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/eb5-best-option-indian-nationals)
It is not easy being a citizen of India who wants to live and work in the U.S. and become a legal permanent ...
[Read More](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/eb5-best-option-indian-nationals)
[](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/indians-flock-to-americas-golden-visa-as-h-1b-route-closes)
[Indians Flock To America’s ‘Golden Visa’ As H-1B Route Closes (v2)](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/indians-flock-to-americas-golden-visa-as-h-1b-route-closes)
(CNN Money) — Facing a crackdown on their favorite visa to enter the United States, hundreds of wealthy ...
[Read More](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/indians-flock-to-americas-golden-visa-as-h-1b-route-closes)
[](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/international-equities-and-the-u.s.-dollar-is-it-time-to-hedge)
[International Equities and the U.S. Dollar: Is It Time to Hedge? (v2)](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/international-equities-and-the-u.s.-dollar-is-it-time-to-hedge)
In a reversal from last year, the U.S. dollar has strengthened against other major currencies in 2018, ...
[Read More](https://blog.usfreedomcap.com/usfreedomcapitalblogv2/international-equities-and-the-u.s.-dollar-is-it-time-to-hedge)
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- [April 2014 (2)](https://blog.usfreedomcap.com/archive/2014/04)
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- [September 2014 (2)](https://blog.usfreedomcap.com/archive/2014/09)
- [November 2014 (2)](https://blog.usfreedomcap.com/archive/2014/11)
- [February 2015 (2)](https://blog.usfreedomcap.com/archive/2015/02)
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- [October 2015 (2)](https://blog.usfreedomcap.com/archive/2015/10)
- [December 2015 (2)](https://blog.usfreedomcap.com/archive/2015/12)
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- [February 2018 (2)](https://blog.usfreedomcap.com/archive/2018/02)
- [March 2018 (2)](https://blog.usfreedomcap.com/archive/2018/03)
- [September 2018 (2)](https://blog.usfreedomcap.com/archive/2018/09)
- [October 2018 (2)](https://blog.usfreedomcap.com/archive/2018/10)
- [March 2014 (1)](https://blog.usfreedomcap.com/archive/2014/03)
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- [December 2014 (1)](https://blog.usfreedomcap.com/archive/2014/12)
- [July 2015 (1)](https://blog.usfreedomcap.com/archive/2015/07)
- [April 2016 (1)](https://blog.usfreedomcap.com/archive/2016/04)
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- [July 2017 (1)](https://blog.usfreedomcap.com/archive/2017/07)
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- [May 2018 (1)](https://blog.usfreedomcap.com/archive/2018/05)
See all
#### [USFC Team](https://blog.usfreedomcap.com/author/usfc-team)
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