A Breakdown of Available Office Space in DFW
By Steve Triolet, Younger Partners Director of Research
A few times a year I show where the highest concentrations of large blocks of space are. In the second chart below, there is an updated breakdown of the 203 Big Blocks of space currently available by size category and submarket. Outside of that update, I wanted to take a look at the increase in all sizes of space (not just the big blocks of space).
What surprised me most when I analyzed the data is the increase in space was not just in the big blocks of space, but also all size categories. Since the first quarter of 2019, the amount of space being marketed is up 20%. While sublease is a large component of this increase over the past year, sublease space only accounts for roughly 14% of all the available amount of space out in the market.