{"id":1004555443,"date":"2021-11-02T21:11:06","date_gmt":"2021-11-03T05:11:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004555443"},"modified":"2022-12-07T23:46:38","modified_gmt":"2022-12-08T07:46:38","slug":"dallas-fort-worth-market-update-vacancy-on-right-track","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dallas-fort-worth-market-update-vacancy-on-right-track\/","title":{"rendered":"Dallas-Fort Worth Market Update: Vacancy On Right Track"},"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 an encouraging August, when <a href=\"https:\/\/www.commercialsearch.com\/news\/kbs-sees-clear-skies-for-dallas-office-market\/\">Dallas-Fort Worth\u2019s office sector<\/a> witnessed the first signs of improvement, the metro\u2019s vacancy rate kept improving in September. CommercialEdge data shows the figure dropped to 18.2 percent across the Metroplex, a 70-basis-point progress month-over-month and year-over-year.<\/p>\n<p>Same as in the previous month, the value remained higher than the national average rate of 14.9 percent, which decreased by 50 basis points month-over-month. When compared to similar secondary markets, the Metroplex was 250 basis points behind Austin (15.7 percent vacancy rate) but 170 basis points above Atlanta, where the rate stood at 19.9 percent.<\/p>\n<p>Submarkets located in Dallas and its surroundings, such as Dallas Central Business District, Uptown\/Oak Lawn and West Dallas, saw little variation in vacancy. On the other hand, most of Fort Worth\u2019s submarkets recorded increases ranging between 80 and 410 basis points.<\/p>\n<p>South Dallas, a submarket with an office inventory of a little more than 3 million square feet, was the best-performing area. The vacancy rate there dropped from 19.8 to 18.0 percent.<\/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\/\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Metroplex\u2019s office vacancy rate witnessed another boost in September, according to CommercialEdge.<\/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-1004555443","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 v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dallas-Fort Worth Market Update: Vacancy On Right Track - 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