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
NEWS AND NOTABLES