Report: Dallas tops nation for office, job growth

Dallas-Fort Worth held the top job growth market in the U.S. in 2019, with an employment gain of more than 120,000 jobs during the year ending in November, the commercial real estate firm CBRE reports. Dallas-Fort Worth office growth topped all other cities in the U.S. in 2019, CBRE’s most recently published forecast notes. Last year, expanding and relocating office tenants net-leased about 3.5 million square feet of office space – one of the best totals in a decade, according to the report. “U.S. office-using employment is widely expected to grow again in 2020, albeit at a slower pace than in 2019,” the report found. It notes that global centers of technology in San Francisco, business-friendly Texas, and high-growth southeast metros are “expected to be the top markets for office-using jobs growth in 2020.” Office jobs in the Dallas area grew 5.7 percent in 2019 – more than that of San Francisco’s and Seattle’s, CBRE found. The Dallas area continues to look strong through 2020 with forecast growth of 2.1 percent. The “Big D” also outpaced Houston and Charlotte, N.C., two other fast-growing economies, in year-over-year office job gains, the report found. Click to read more at