Leasing activity holds steady as occupier flight to quality continues The Dallas-Fort Worth office market continues to hold firm, as leasing activity increased slightly in Q2 2023 over the prior quarter.

Despite this, leasing activity still lags relative to pre-pandemic levels. While leasing activity has been steady over the past few quarters, availability remains high partly due to the increase in available sublease space which is now approximately 1.1 million square feet (msf). Going forward, availability is likely to remain high given the current under construction pipeline, as well as rising levels of available sublease space.

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