By Steve Triolet, YP Research Director
In late 2018, the amount of DFW office sublease space reached an all-time at just under 7 million square feet. In early 2019, however, several large sublease transactions have brought that number down significantly where it currently stands at 5.8 million square feet.
This is a good, healthy sign for the market, especially with over 2.2 million square feet of unaccounted for spec office construction scheduled for delivery over the next year and additional new spec sites announced but not yet started.
As office market conditions continue to tighten in North Texas, what is happening to the region’s sublease space? Are there opportunities for companies seeking low-cost space and, if so, where are these leasing options located? Continue reading Insight: DFW Office Market – Sublease Space Update May 2013