The market for office space has more and more companies looking to lease, according to an industry report.
"Dallas-Fort Worth was one of the top markets in the country for office leasing in the second quarter," reports Steve Brown. "Only New York City saw more office demand in the just completed quarter…"
That information comes from a new report released by Cushman & Wakefield Inc. "Expanding and relocating business tenants leased 2,934,487 square feet of D-FW office space in the second quarter," explains Brown, and "New York City's Midtown market had 3,317,039 square feet of leasing."
In aggregate across the country, companies leased 14.7 million square feet of office space in the second quarter of 2016, compared to 11.8 million square feet in the first quarter. The report explains the increasing office leases as a sign of "healthy growth in office-using employment."
FULL STORY: D-FW behind only one city in office building and leasing in recent study
Where It's Cheapest to Build Out a New Office
With so much attention paid to the nation's housing crisis, it's still important to keep an eye on other kinds of uses. The office market is full of surprises, like cheap office build out costs in a city infamous for residential gentrification.
Commercial Rental Market Teeters on the Brink
Large numbers of commercial renters in New York City are missing rent, according to reports.
Balancing the Need for Housing Supply with Need for Office Space
London is the stage for one of the problems that arises when encountered with a dearth of accommodations for housing and offices.
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
California Grid Runs on 100% Renewable Energy for Over 9 Hours
The state’s energy grid was entirely powered by clean energy for some portion of the day on 37 out of the last 45 days.
New Forecasting Tool Aims to Reduce Heat-Related Deaths
Two federal agencies launched a new, easy-to-use, color-coded heat warning system that combines meteorological and medical risk factors.
AI Traffic Management Comes to Dallas-Fort Worth
Several Texas cities are using an AI-powered platform called NoTraffic to help manage traffic signals to increase safety and improve traffic flow.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
