Building boom from the 1980s still rippling through DFW lease expirations

Office rents in Dallas-Fort Worth have continued to climb annually by 10.2 percent, placing it as the No. 3 market for office rental growth on JLL’s list of top 30 global business centers.

“Dallas is doing well and we will continue to see rents continue to rise,” Brooke Armstrong, a senior vice president at JLL’s Dallas office, told the Dallas Business Journal.“We are seeing a little bit of a pushback from tenants looking up and seeing $10 or more increases per square foot if they stay in their buildings and they are looking at options. But this is part of the cost of doing business and Dallas is very affordable compared to the rest of the country.”

Click to read more at Dallas Business Journal.