DFW office vacancy reaches 15-year low

Office space in Dallas-Fort Worth has reached a 15-year low as lease rates continue to climb, driven by the region’s booming economy that brought in roughly 110,500 jobs in the past 12 months, according to the latest JLL data for the second quarter of 2015.

“We are a major job generator and there’s nothing in the cards to show it will change in the near future,” Walter Bialas, vice president and market research director for JLL, told the Dallas Business Journal.“This is an interesting economic cycle we’re in right now.”

Read More Here on the Dallas Business Journal

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