Dallas, TX Office Overview
The Dallas City Center, Uptown, and West End submarkets rank among Dallas’ densest office subdivisions. With a metropolitan population of over 4.7 million people the economy is thriving, and the Dallas TX commercial real estate market is continually expanding due to the strong office demand from the defense, financial, and both traditional & high-technology industries.
As of mid-2017, the Greater Dallas office market encompasses nearly 103 million square feet of existing office space in properties larger than 50,000 square feet. Due to the city's solid industrial and financial base, and its position as a major inland port, the office market in Dallas continues to see robust demand.
Dallas, TX Office Inventory Description
Dallas is the largest economic center in the 12-county Dallas–Fort Worth metropolitan area, and generates over $504 billion of gross metropolitan product each year, much of it through white-collar and head office employment. Over 51% of the office space in Dallas is Class A, while Class B properties account for nearly 48% of Dallas' office inventory.
The City Center–Arts District in Dallas is one of the densest areas for Class A office space in the City. Bordered by State Route 366, Interstate 345 and Commerce Street, the area is home to prestigious office buildings such as 2100 Ross, Republic Center, and Pacific Place. Businesses such as AT&T, Comerica, and Tenet Healthcare are all headquartered in the Dallas City Center Business District.
Dallas, TX Commercial Inventory Breakdown
Office Spaces
Total: 134,400,696 SF
By square footage range:
- 50k to 100k SF: 11,673,713 SF / 8.69% of total office
- 100k to 500k SF: 77,846,880 SF / 57.92% of total office
- 500k to 1M SF: 19,234,132 SF / 14.31% of total office
- > 1M SF: 25,645,971 SF / 19.08% of total office
By class:
- Class A+: 13,833,881 SF / 10.29% of total office
- Class A: 59,095,324 SF / 43.97% of total office
- Class B: 51,194,347 SF / 38.09% of total office
- Class C: 2,045,240 SF / 1.52% of total office
Top 10 Largest Office Buildings
in Dallas
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Bank of America Plaza | 901 Main Street, 75202 | 1,849,729 | 1983 |
| Renaissance Tower | 1201 Elm Street, 75270 | 1,738,979 | 1974 |
| Infomart | 1950 North Stemmons Fwy, 75207 | 1,570,969 | 1985 |
| Comerica Bank Tower | 1717 Main Street, 75201 | 1,530,957 | 1985 |
| Thanksgiving Tower | 1601 Elm Street, 75201 | 1,410,355 | 1981 |
| The Tower at Cityplace | 2711 North Haskell Avenue, 75204 | 1,350,267 | 1985 |
| 1700 Pacific Avenue | 1700 Pacific Avenue, 75201 | 1,344,810 | 1983 |
| The Crescent | 100 Crescent Court, 75201 | 1,299,522 | 1983 |
| Fountain Place | 1445 Ross Avenue, 75202 | 1,262,217 | 1986 |
| Chase Tower | 2200 Ross Avenue, 75201 | 1,253,615 | 1985 |
Most Recently-Built Office Buildings
in Dallas
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| The Union Dallas | 2300 North Field Street, 75201 | 505,132 | 2018 |
| PwC Tower at Park District | 2101 North Pearl Street, 75201 | 500,000 | 2018 |
| 1900 North | 1900 North Pearl Street, 75201 | 260,326 | 2018 |
| Fourteen555 - Building 1 | 14555 North Dallas Pkwy, 75001 | 252,000 | 2018 |
| Terraces at Douglas Center | 5960 Berkshire Lane, 75225 | 171,583 | 2018 |
| 2218 Bryan Street | 2218 Bryan Street, 75201 | 92,834 | 2018 |
| Parkland Knight | 2525 Knight Street, 75219 | 34,762 | 2018 |
| Factory Six03 | 603 Munger Avenue, 75202 | 212,226 | 2017 |
| 3000 Turtle Creek Plaza | 3000 Turtle Creek Plaza, 75219 | 200,000 | 2017 |
| 1954 Commerce Street | 1954 Commerce Street, 75201 | 120,000 | 2017 |
Dallas, TX Green Office Space
Of the Top 30 Green Office Markets in the U.S., Dallas ranks #17 for energy efficient office buildings. While just over 3% of the office buildings larger than 50,000 square feet are LEED certified, over 10% rank as Energy Star Certified and over 12% are recognized as green buildings.
A new study by the North Texas U.S. Green Building Council Chapter has found that green construction is a major economic driver in the state. As both tenants and investors seek out green certified assets for their portfolios, the green office trend continues to accelerate.
The 2017 National Green Building Adoption Index looked at commercial office properties in 30 major U.S. markets and found that, including EPA Energy Star-labeled buildings, the percentage of green certification has increased from under 5% in 2005 to 38% as of mid-2017. Dallas has placed 17th on this survey.
Dallas, TX’s Top Office-Using Sectors
Major demand for Class A office space in Dallas comes from the energy, technology, financial services, and the aerospace & defense industries. Some of the largest publicly traded companies in Dallas include Dean Foods, Southwest Airlines, Affiliated Computer Services, and Energy Transfer Equity.
- Energy – Due to the city's location in the oil-rich Permian Basin the energy industry makes a major contribution to the economy in the metro area and also results in significant demand for Class A office space in Dallas. Energy, manufacturing and distribution companies such as ExxonMobil, Jacobs Engineering, and Pioneer Natural Resources are all located here.
- Technology – Both traditional and high-tech companies are located in the Dallas metroplex including AT&T, Texas Instruments, and Fluor Engineering.
- Financial Services – With Dallas being at the heart of the energy industry financial services businesses make up a key component of the demand for office space in Dallas, with companies such as Energy Future Holdings and GE Capital located here.
- Aerospace & Defense – American Airlines, Southwest Airlines, and the Celanese Corporation are all located in Dallas and drive the demand for Class A office space in Dallas.
Dallas Demographics
Population
- Total Population1,300,122
- Male Population(49.6 %) 644,344
- Female Population(50.4 %) 655,778
- Median Age32.50
Income/Financial
- Average Household Income$78,925
- Median Household Income$47,285
- Median Income Under 25$32,969
- Median Income 25-44$50,022
- Median Income 45-64$51,856
- Median Income Over 65$38,778
- Arcadia Park Demographics
- Beacon Hill Demographics
- Bent Tree Brook Demographics
- Boardwalk on the Parkway Demographics
- Briarwood Estates Demographics
- Buckner Terrace Demographics
- Casa Del Sol Demographics
- Deep Ellum Demographics
- Design District Demographics
- Downtown Dallas Demographics
- Encino Hills Demographics
- Fort Worth Ave Demographics
- Highland Hills Demographics
- Koreatown Demographics
- Lake Highlands Demographics
- Love Field Demographics
- Medical District Demographics
- Mountain Creek Demographics
- North Dallas Demographics
- Oak Lawn Demographics
- Old East Dallas Ranaissance Coalition Demographics
- Petal Street Demographics
- Plano Road Demographics
- The Shelton Demographics
- Uptown Dallas Demographics
- Vickery Meadow Demographics
- Victory Park Demographics
- Wolf Creek Demographics
News
2019 US Office Pipeline – NYC, the Bay Area and San Francisco Set to Deliver 33 MSF of Office Space
April 10, 2019
Since 2009, the U.S. economy has had more than 110 consecutive months of growth, making this the second longest economic expansion since the Great Depression. After a rather tepid 2017 performance, the U.S. office market gathered some steam in 2018, adding 76 million square feet of new office sp...
The U.S. industrial real estate market had a solid year in 2018 and has continued to strengthen through the first quarter of 2019. Industrial rents are on an upward path, while the construction pipeline is robust and development is spurred on by the e-commerce sector. In terms of development, 20...
$24 billion worth of assets changed hands in the top 50 biggest office deals to close in 2018. Google, Disney, Samsung mingled with established top CRE players. Check out the full list and read up on last year’s most notable U.S. office investments.
Cities near Dallas, TX
- Addison Office Space
- Carrollton Office Space
- Cedar Hill Office Space
- Coppel Office Space
- DeSoto Office Space
- Duncanville Office Space
- Farmers Branch Office Space
- Garland Office Space
- Grand Prairie Office Space
- Highland Park Office Space
- Irving Office Space
- Lancaster Office Space
- Mesquite Office Space
- Plano Office Space
- Richardson Office Space
- Rowlett Office Space
- Sachse Office Space
- Sunnyvale Office Space
- The Colony Office Space
- University Park Office Space
- Wylie Office Space
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Dallas, TX zip codes
- 75001 Office Space
- 75201 Office Space
- 75202 Office Space
- 75204 Office Space
- 75205 Office Space
- 75206 Office Space
- 75207 Office Space
- 75208 Office Space
- 75219 Office Space
- 75220 Office Space
- 75225 Office Space
- 75226 Office Space
- 75228 Office Space
- 75229 Office Space
- 75230 Office Space
- 75231 Office Space
- 75234 Office Space
- 75235 Office Space
- 75237 Office Space
- 75238 Office Space
- 75240 Office Space
- 75243 Office Space
- 75244 Office Space
- 75246 Office Space
- 75247 Office Space
- 75248 Office Space
- 75251 Office Space
- 75252 Office Space
- 75254 Office Space
- 75287 Office Space
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Neighborhoods
- Arlington Park Estates Office Space
- Beacon Hill Office Space
- Bent Tree Office Space
- Bent Tree Brook Office Space
- Bent Tree Village Office Space
- Boardwalk on the Parkway Office Space
- Carroll Estates Office Space
- Chimney Hill Office Space
- Deep Ellum Office Space
- Design District Office Space
- Downtown Dallas Office Space
- Highland Meadows Office Space
- Knox Henderson Office Space
- Koreatown Office Space
- Lake Highlands Office Space
- Love Field Office Space
- Medical District Office Space
- Modera Galleria Office Space
- North Dallas Office Space
- Oak Lawn Office Space
- Old East Dallas Ranaissance Coalition Office Space
- Patio Homes Chimney Hill Office Space
- Prestonwood Office Space
- Prestonwood Creek Office Space
- The Lakes of Bent Tree Office Space
- The Shelton Office Space
- Uptown Dallas Office Space
- Vickery Meadow Office Space
- Victory Park Office Space
- Village on the Green Office Space
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Cities near Dallas, TX
- Addison Commercial Real Estate
- Carrollton Commercial Real Estate
- Cedar Hill Commercial Real Estate
- Coppel Commercial Real Estate
- DeSoto Commercial Real Estate
- Duncanville Commercial Real Estate
- Farmers Branch Commercial Real Estate
- Garland Commercial Real Estate
- Grand Prairie Commercial Real Estate
- Highland Park Commercial Real Estate
- Hutchins Commercial Real Estate
- Irving Commercial Real Estate
- Lancaster Commercial Real Estate
- Mesquite Commercial Real Estate
- Plano Commercial Real Estate
- Richardson Commercial Real Estate
- Rowlett Commercial Real Estate
- Sachse Commercial Real Estate
- Sunnyvale Commercial Real Estate
- The Colony Commercial Real Estate
- University Park Commercial Real Estate
- Wilmer Commercial Real Estate
- Wylie Commercial Real Estate
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