Figures

Dallas/Fort Worth Office Figures Q1 2026

April 10, 2026 5 Minute Read

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  • The office market displayed mixed signals in Q1 2026, with move-out activity overtaking move-ins, except in prime office where positive net absorption took place.
  • Vacancy increased 110 basis points year-over-year and 80 basis points quarter-over-quarter, while availability held at 28.5%.
  • The overall average direct asking lease rate in Q1 2026 is $34.46 per sq. ft., up 2.9% from the prior quarter and 5.3% year-over-year.
  • Office construction edged higher in Q1 2026, with 2.8 million sq. ft. under construction, all Class A, and 40,000 sq. ft. delivered, all Class B.
  • Total leasing volume in Q1 2026 reached 1.8 million sq. ft., while rolling four-quarter activity totaled 8.3 million sq. ft., down 473,000 sq. ft. from Q4 2025.