TAKEAWAYS

• The Dallas-Fort Worth (DFW) office market's overall asking rent increased to $26.32 per square foot, up 4.0% year over year
• "Flight to Quality" by occupiers continues as 1.8 million square feet or 64% of total leasing activity occurred in Class A properties
• According to the Federal Reserve Bank of Dallas, regional employment grew by 27,000 over the past 12 months meaning that DFW has recovered all jobs lost during the pandemic. However, slowing economic growth could mean slowing office leasing activity moving forward

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