Office Vacancies Reach High Point in DFW

On Friday, the Dallas Business Journal wrote an article which showed that the Dallas Fort Worth office market has reached the highest vacancy rate seen in decades. They quoted a CBRE study which claims the vacancy rate at the end of 2020 was 23.4%. This was a result...

Evidence of Softening Rents

We’re now nearly 9 months into the COVID recession and I’m amazed at how many landlords continue to quote the same rental rate they were before this started. We received several proposals for an office client recently and many didn’t come off their quoted rate at all....