Sustained demand keeps leasing volume above the market’s five-year average

The leasing momentum observed in the first half of 2025 continued through Q3 2025, with the Dallas–Fort Worth office market recording 3.9 million square feet (msf) leased. This marked the fifth consecutive quarter in which leasing activity exceeded the five-year quarterly average. Supported by strong population growth and a business-friendly environment, companies continue to view the Dallas–Fort Worth metroplex as an attractive option. Scotiabank announced the Uptown submarket as the home of its regional headquarters, leasing 134,000 square feet (sf) this quarter after securing $2.70 million in incentives from the City of Dallas.

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