Dallas CBD Commercial Real Estate Market

The Dallas CBD is the metro’s primary office node, but the submarket has struggled for some time. Its vacancy rate has been among the highest in the metroplex for decades because its inventory contains a significant percentage of older towers that are not competitive with new assets in other prominent office submarkets, such as Uptown/Turtle Creek and Upper Tollway/West Plano. However, the submarket’s low rents, transit amenities, and central location have helped keep a core group of tenants rooted here, and fundamentals have improved in recent years.

Early in this cycle, millions of square feet of obsolete inventory were redeveloped into alternative uses, such as multifamily, hotel, as well as retail projects. Those conversions not only buoyed CBD office fundamentals, but they also helped the submarket take steps to become a true live/work/play environment. Many older assets in the CBD have either undergone or are undergoing major renovations and adding amenities like parking to remain competitive with newer properties in the Arts District or Uptown.

Property types are as follows:

  • Office 144 Buildings/33.8 MSF

  • Warehouse 2 Buildings/246,994 SF

  • Medical 1 Buildings/178 KSF

If you would like building specific information fill in our Free Dallas CBD Commercial Space Report and submit it to us. We will respond quickly with valuable building information that you can use to locate your Dallas CBD commercial space.

Free Dallas CBD Commercial Space Report

We will send you a free list of accessible spaces explicit to your specifications with rent rates, building photographs and historical building data.


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Free Dallas CBD Tenant Representation Service

Our Dallas CBD Tenant Representation service is 100% free to you. Our fee is paid by the landlord. Use our DFW CBD market knowledge to help you get the perfect space for the best terms possible.