TAKEAWAYS

• The Dallas-Fort Worth (DFW) office market's overall average asking rent increased to $26.49 per square foot (psf), up 4.1% year over year from $25.44 ps reported a year ago
• Leasing activity in DFW of 3.5 million square feet (msf) was the highest quarterly volume reported this year as overall tenant flight to quality continues
• Available sublease space increased to 9.2 msf this quarter, up 6% from 8.7 msf reported a year ago, as area occupiers continue to reevaluate their existing space needs amidst hybrid workplace strategies

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