The delivery of major corporate campuses in Dallas last year, initiated two to three years earlier, reshaped the northern suburbs, driving 2017's 5.8 million square feet of absorption. Last year, class A came in at 93% of total demand, underscoring Dallas' established pattern of preferring new space over older options–and willing to accept much higher rents. This pattern of base-level demand should continue into a solid 2018, with Liberty Mutual's recent delivery of 1.1 million square feet adding to that total, according to JLL.—Lisa Brown

NEWS AND NOTABLES

DENVER—Apto, the commercial real estate software company, reports that revenues for 2017 were up 33% versus 2016, and that the number of brokers using its software climbed 27% to nearly 8,000. Backed by $18-million in investment capital, Apto believes its software is now used by more brokers than any other to manage contacts, properties and listings, and transactions. Angela Tucci assumed the CEO reins from the company founder last October.

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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.