Tag Archives: Construction

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 much lower office constructionRead 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 failure) ultimately conditioned… 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 – and that number… 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 of the last… Read More

Dallas’ Construction and Demand

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Contributor: Walter Bialis

JLL recently released a report examining the top 50 local office markets and their development pipelines, entitled “Supply rut, or supply glut?” Reports like this can get pretty complicated as many factors are weighed to compile the final rankings. In the case of Dallas, the report concluded that the current and future supply of office space would “exceed” demand, and this would help ease market conditions, giving tenants a little more leverage… Read More

Dallas Office Overview

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Our 2015 outlook for the Dallas office market continues to be positive. Despite recent national news about the impact of declining energy prices on some Texas markets, Dallas has a diverse economic base that should insulate it from much of this turmoil. Jobs increased last year in DFW by more than 110,000, with gains registered across almost all sectors. These… Read More

In the industrial market, it’s all about perspective

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Luftaufnahme von MonheimThe headlines are all talking about the construction going on in the Dallas-Fort Worth industrial market, currently there is about 16.6 million square feet underway.  That’s not a record breaking number, but it’s a good bit above the historic norm of about 10 million square feet per year.

The thing is, the number seems justified given that since 2010,… Read More

Categories: Industrial, JLL and tagged , , , .