DALLAS—Increased population growth of the 20-to-34-year-old worker and strong net migration lure companies and drive expansions in Dallas/Fort Worth. The region continues to lead the nation's major metros in absolute job growth, a large chunk of which includes traditional office-using positions, according to a report by Marcus & Millichap.
This strong pace of hiring has underpinned tenant demand for quality space and construction has picked up considerably in response. Nearly 23 million square feet of space was completed during the past three years and an additional 7 million is expected to be placed into service throughout 2018, says the report.
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