Friday, April 19, 2013

JLL vacancy report: Seeing red in the Dallas skyline

According to the report, Jones Lang LaSalle expects downtown Dallas’ revival to continue. ‘The Skyline buildings will be at the center of this transformation and the first to benefit from what should be a broader recovery for the community,’ says the report, which highlights vacancy at some of the city’s most notable buildings.

It’s the first time Jones Lang LaSalle has done this extensive of a report on downtown and Uptown Dallas’ best-in-class office buildings — but the picture is becoming clearer: There’s investment and leasing opportunity in those skyscrapers.
“When you look at the skyline for Dallas, you see a lot of red,” Evan Stone, managing director at Jones Lang LaSalle, told me in reference to the firm’s recently released Dallas Skyline Report. “Those are buildings that have a lot of vacancy, but when you look at them they are good buildings and the locations are improving dramatically.”
The new report highlights ...

Staff Writer-Dallas Business Journal