Feb. 05, 2018 by TREC Staff

Scorecard: Winter 2017

scorecard

The following report was originally published in the Winter 2018 edition of the DFW Real Estate Review. An excerpt has been reprinted below.

ON-THE-GROUND INSIGHTS

OFFICE:

“As long as developers continue ‘going vertical’ with exciting, amenity-rich products, companies will continue to pursue new office space to recruit and retain the dynamic workforce that each company is striving to attract.”
— Jordan Wade, Associate, Transwestern

“With the overall market expected to remain healthy, some factors to watch are the continued strong regional growth and [the] market embracing new urban trends around employment centers. Also, coworking firms that are offering companies flexible, short-term arrangements along with new workplace strategies will drive prices in 2018.”
— Mike Ebbitt, Associate, Lee & Associates

INDUSTRIAL:

“E-commerce continues to propel demand for big-box industrial space. Even more encouraging is organic growth we’re seeing in the demand for shallow-bay space. This has led to record-low vacancies at infill locations, which pushes rental rates and encourages redevelopment of obsolete product—all signs of a healthy and maturing industrial market.”
— David Eseke, Director, Cushman & Wakefield

RETAIL:

“Retail occupancy should remain stable in 2018. Retailer store downsizings and closings should be offset by the limited amount of speculative retail development. Continued positive economic news also helps.  2018 should be another solid year for retail in DFW.”
— Steve Gray, Managing Principal, Coldwell Banker Commercial Advisors

You may read the data in the report here or check out the print edition below.