After nine years of positive economic growth, the thought of a downturn is on everyone's minds but the question is when? This notion can be found in the third quarter office report by CBRE. Following a slower performance during the second quarter, the DFW office market has bounced back with stronger market fundamentals during the past quarter. For the last two years, the metroplex has been breaking records, including construction levels, higher rents and 30 consecutive quarters of positive absorption. With performance indicators such as these, the leasing cycle is expected to cool with any overall US economic downturn during the next couple of years.—Lisa Brown
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
