{"id":1004547779,"date":"2021-08-26T06:41:33","date_gmt":"2021-08-26T14:41:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004547779"},"modified":"2022-12-07T05:18:59","modified_gmt":"2022-12-07T13:18:59","slug":"dallas-fort-worth-market-update-vacancies-on-the-rise","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dallas-fort-worth-market-update-vacancies-on-the-rise\/","title":{"rendered":"Dallas-Fort Worth Market Update: Vacancy on the Rise"},"content":{"rendered":"<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004545005\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/phoenix-market-update-slow-and-steady-development-progress\/market-update-resized\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg\" data-orig-size=\"1200,930\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Patricia Todoran&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1497549143&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;1&quot;}\" data-image-title=\"Market-Update-resized\" data-image-description=\"&lt;p&gt;Office Sales Update Q2&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?w=1024\" class=\"alignright wp-image-1004545005 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?w=300\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?resize=1024,794 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>After marking some improvement in June, when the vacancy rate had reached 18.5 percent, <a href=\"https:\/\/www.commercialsearch.com\/news\/balance-still-tilts-toward-tenants-in-dallas\/\">Dallas-Fort Worth\u2019s office sector<\/a> took a step down. According to CommercialEdge data, the Metroplex reached a 19.4 percent vacancy rate in July, 90 basis points higher month-over-month and 110 basis points higher year-over-year.<\/p>\n<p>The index is also 390 basis points higher than the national average rate of 15.5 percent. When compared to similar markets, the Metroplex was 330 basis points behind Austin (16.1 percent vacancy rate) and barely surpassing Atlanta by 50 basis points (the latter witnessing a 19.9 percent vacancy rate).<\/p>\n<p>The 90-basis-point month-over-month status change was difficult to observe when taking a closer look at the Metroplex\u2019s submarkets. Las Colinas, having more than 39.8 million square feet of office space across 261 properties, recorded a 140-basis-point vacancy rise (from 18.2 to 19.6 percent). Other submarkets, with inventories from 10 to 30 million square feet\u2014such as Dallas CBD, Uptown and West Dallas\u2014saw small variations in office vacancy, ranging from 5 to 20 basis points.<\/p>\n<p>One of the largest deals that closed in July was a renewal. Carlson Capital renewed its 43,572-square-foot headquarters lease at 2100 McKinney Ave. in Uptown. The alternative asset management firm had been occupying the top two floors at the 351,859-square-foot, Class A building since 2010.<\/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\/national-office-report-2021-july\/\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After an uptick this summer, the Metroplex\u2019s office vacancy rate remains higher than for comparable markets.<\/p>\n","protected":false},"author":870,"featured_media":1004545005,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1586,21742,21747],"tags":[51047,50674],"class_list":["post-1004547779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-latest","category-office","tag-marketupdate","tag-commercialedge"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dallas-Fort Worth Market Update: Vacancy on the Rise - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dallas-fort-worth-market-update-vacancies-on-the-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dallas-Fort Worth Market Update: Vacancy on the Rise\" \/>\n<meta property=\"og:description\" content=\"After an uptick this summer, the Metroplex\u2019s office vacancy rate remains higher than for comparable markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dallas-fort-worth-market-update-vacancies-on-the-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-26T14:41:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T13:18:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"930\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dallas-fort-worth-market-update-vacancies-on-the-rise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dallas-fort-worth-market-update-vacancies-on-the-rise\\\/\"},\"author\":{\"name\":\"Adriana Marinescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d8680cf55f814fe2742cf94207212af1\"},\"headline\":\"Dallas-Fort Worth Market Update: Vacancy on the Rise\",\"datePublished\":\"2021-08-26T14:41:33+00:00\",\"dateModified\":\"2022-12-07T13:18:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dallas-fort-worth-market-update-vacancies-on-the-rise\\\/\"},\"wordCount\":224,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dallas-fort-worth-market-update-vacancies-on-the-rise\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/07\\\/Market-Update-resized.jpg\",\"keywords\":[\"#MarketUpdate\",\"CommercialEdge\"],\"articleSection\":[\"Brokerage\",\"Dallas\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dallas-fort-worth-market-update-vacancies-on-the-rise\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/dallas-fort-worth-market-update-vacancies-on-the-rise\\\/\",\"name\":\"Dallas-Fort Worth Market Update: Vacancy on the Rise - 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