Dallas-Fort Worth Office Market Report

Limited deliveries, targeted growth reinforce market strength. Dallas-Fort Worth office completions have slowed as development has concentrated on the Dallas side of the metroplex, which is more appealing to corporate transplants. In 2025, Uptown-Turtle Creek posted a vacancy drop of over 400 basis points while maintaining the metro’s highest average asking rent. Vacancy is set to fall again this year as large corporations, including Goldman Sachs, Scotiabank, NYSE, Deloitte, and Bank of America, are preparing to move here. Meanwhile, the Fort Worth side boasts the metro’s lowest vacancies, underscored by the CBD’s rate under 9 percent in 2025. However, the Mid-Cities recorded the largest decreases in vacancy among all areas, with Arlington-HEB-Grapevine leading last year. Arlington and Mansfield noted over 250 office move-ins, averaging about 2,600 square feet per lease, showing strong demand among smaller businesses. Meanwhile, the metroplex is solidifying itself as a financial hub with the Texas Stock Exchange launch in early 2026, supporting long-term demand from banking and financial services firms.