Monday, July 22, 2013

Dallas Office Boom is Nothing Special

After a long drought in construction, Dallas-area developers are scrambling to get new office projects off the ground.
So far in 2013, the amount of office space being built has quadrupled from year-earlier levels.
And still more deals are in the works. Another new building gets announced almost every week.
With roughly 4 million square feet of office space under construction and at least an additional 1 million square feet in the planning stages, is it time to worry about overbuilding?
Nah — not even close yet.

Read More At:
http://www.dallasnews.com/business/commercial-real-estate/headlines/20130718-dallas-areas-office-boom-is-nothing-to-fret-about.ece

By STEVE BROWN
Real Estate Editor
Published: 18 July 2013 08:35 PM
Updated: 19 July 2013 06:33 AM