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
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