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Are These Dallas Office Properties Functionally Obsolete?
Younger Partners Research Director Steve Triolet says tenants have a new motto: Out with the old and in with the new.
By
Steve Triolet
Published in
Commercial Real Estate
May 7, 2021
3:00 pm
One thing that doesn’t get talked about in Dallas-Fort Worth is how much space we have available. Yes, the record amount of sublease space (9.5 million as of April 2021) is not exactly a secret, but what about the other 60 million and change of direct space, most of which is older second-generation space.
Two areas of DFW – and what some of that space looks like – deserve some attention. First up is the Central Business District (CBD) and its biggest blocks of space.