{"id":1004539666,"date":"2021-06-28T04:46:07","date_gmt":"2021-06-28T12:46:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004539666"},"modified":"2022-12-08T04:39:09","modified_gmt":"2022-12-08T12:39:09","slug":"dallas-fort-worth-market-update-investment-activity-higher-and-higher","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dallas-fort-worth-market-update-investment-activity-higher-and-higher\/","title":{"rendered":"Dallas-Fort Worth Market Update: Investment Activity on the Rise"},"content":{"rendered":"<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004535278\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/new-york-city-market-update-manhattan-development-pipeline-increases-yoy\/market-update\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Market-Update\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg?w=800\" class=\"alignright wp-image-1004535278 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg?w=300\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/05\/Market-Update.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>After recording 1.7 million square feet of deals during a strong March, Dallas-Fort Worth took <a href=\"https:\/\/www.commercialsearch.com\/news\/top-5-markets-for-office-transactions-2\/\">office transactions<\/a> to the next level. CommercialEdge data shows seven properties totaling 2,869,431 square feet changed hands in April, marking a 65.3 percent rise month-over-month.<\/p>\n<p>The traded square footage was 125.5 percent higher year-over-year, as 1,272,376 square feet had sold across the Metroplex in April 2020.<\/p>\n<p>While deals concerned all types of property classes, seven of the 13 traded buildings were Class A assets. Suburban locations were slightly more present in the transaction mix, with four properties totaling 936,137 square feet in Dallas, Irving and Richardson.<\/p>\n<p>The largest property changing hands in April was Burnett Plaza, a 1 million-square-foot high-rise in Fort Worth. Opal Holdings acquired the Class A, LEED Silver-certified property from Cousins, in a $137.5 million transaction financed with a $86 million loan from UMB Bank. Cousins had become the building\u2019s owner in 2019, following its merger with TIER REIT.<\/p>\n<p><em>CommercialEdge covers 8M+ property records in the United States. View the latest CommercialEdge national monthly office report <a href=\"https:\/\/www.commercialedge.com\/blog\/u-s-office-lease-rates-inch-upward-vacancy-still-in-double-digits\/\">here<\/a>. We included properties of 25,000+ square feet in our research.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nearly 2.9 million square feet of office space traded across the Metroplex in April, according to CommercialEdge information.<\/p>\n","protected":false},"author":870,"featured_media":1004535278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21743,21742,21747],"tags":[51047,50674],"class_list":["post-1004539666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-deals","category-latest","category-office","tag-marketupdate","tag-commercialedge"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dallas-Fort Worth Market Update: Investment Activity on the Rise - 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