Overview
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The Dallas office market weathered the pandemic reasonably well. Absorption turned negative for the first time in years, but optimism returned during the fourth quarter. While the snapshot of the Dallas office market in 2020 is not positive, it is interesting. With the exception of the CBD, most of the negative absorption was in submarkets that had performed the best over the past ten years. Those submarkets have the infrastructure, office design, and amenities that are required by corporate users. We anticipate that those submarkets will quickly rebound as users return. Read more in the full report.