Tag Archives: Chart of the Week

Chart of the Week: Where the Dallas Market Goes From Here

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By: Walter Bialas Bialas, Walter new

As a quick review of our first and second installments on Dallas’ office market development, what we have concluded is that the current cycle is very different than the last two – and that is going back 20 years.

Today, our economy has vastly different drivers shaping our market. While our last cycle is instructive, it was not typical due to the muchRead More

Chart of the Week: How the Last Office Deliveries Fared

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By: Walter BialasBialas, Walter new

As part 2 in our series, we decided to look at how the last spec office buildings performed at the end of the last cycle.  This important for a couple of reasons.  From the most basic financial perspective, it is critical to understand if these developments generally hit proforma and were viewed as economically “viable” – and their success (or… Read More

Chart of the Week: As Dallas’ Current Office Pipeline Ramps Up… a Bit of History

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By: Walter Bialas

The question has been coming up often these days about where office development stands in this cycle.  A recent D Real Estate blog post articulated this question, but came up short of an answer.  From our perspective, the office construction pipeline is beginning to feel pretty frothy.  In the last few week we’ve updated our under construction / soon to break ground numbers a few times a week –… Read More

Chart of the Week: New Urban Core Apartments Performing Well; Remain at Healthy Lease-Up Rate

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By: Walter Bialas

We continue to watch our local multifamily development market.  Because construction is still near all-time highs, it is good to take its pulse from time to time to understand market momentum and direction.

Last year, we profiled the CBD and Uptown areas and looked at how the newer properties (those delivered after 2000) were performing – as well as how lease-up and rent were faring in the newest deliveries.  At… Read More

Chart of the Week: What’s Driving Uptown’s Rent Premiums

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By: Walter Bialas

We are in a period where rents are rising fast.  Based on our quarterly stats, Class A rates are up 6.4% in the last year for Dallas overall.  While that’s an amazing number, it is even higher in some of the popular submarkets (like 8.1% in Uptown).

JLL Senior Vice President Brooke Armstrong made the observation that Uptown has been moving particularly fast and that the buildings delivered at the end… Read More

Chart of the Week: Out of the Park Home Run for DFW Job Growth

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By: Walter Bialas

I’ve been pretty adamant that tracking every shift in metro jobs numbers is a thankless task – sometimes they are up, sometimes they get re-benchmarked, sometimes seasonal fluctuations make the numbers do funny things.  The important thing to watch is the overall game and not “who scored in the 5th when you stepped away to get some nachos”…

Well, with the job numbers released this week by the Bureau of Labor… Read More

Chart of the Week: Increase of Higher-Wage Jobs in Dallas Outpacing National Trends by a Wide Margin

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By: Walter Bialas

One common news story – and a criticism of our economic recovery – is that we are creating a preponderance of low-wage jobs.  Some have noted that it is easy to find work these days, but difficult to find a “good” job (aka. high paying), and that a large share of the jobs being created are in retail, health care (those are not doctors, in case you were wondering),… Read More

Chart of the Week: Local Office Market Leader Board

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By: Walter Bialas

Despite a slow start to 2016, we can’t forget the great strides we’ve made in our local office market.

While Jordan lost his focus on the 12th, our local market continues to be pretty robust.  The chart below highlights the submarket leaders.

Amazing to note that Uptown’s vacancy has declined by almost 11-percentage points since the end of the recession – and that Far North Dallas, Richardson – Plano, and Las… Read More

Chart of the Week: While high, DFW’s industrial pipeline still reasonable

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By: Walter Bialas

Now that the first quarter industrial numbers are compiled and published, we’ve had an opportunity to take a look at how DFW is stacking up.  Overall, vacancy is still near the low point and rent pressures continue.

The one number that does jump out is our construction pipeline.  At 24 million SF, we are at the top of what we have seen historically.  We can counter the high level of… Read More

Chart of the Week: Annual Office Trends Show Dallas Market on Track for 2016

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By: Steve Triolet

First quarter numbers were recently officially released, which has caused a great deal of discussion in regard to net absorption, which came in much lower (approximately 165,000 sf) than many people anticipated, given the 4.8 million square of net absorption we saw in 2015.  The thing about net absorption is that it’s irregular and can swing widely from one quarter to the next, unlike vacancy or rental rates which move… Read More