Dallas Market Report

Description Details

Bisono Realty Advisors Group Market Intelligence

Dallas Commercial Real Estate Market Report

Dallas-Fort Worth benefits from corporate growth, population gains, and deep industrial scale. Office and multifamily are still normalizing, while industrial demand remains strong and retail fundamentals are broadly balanced.

Q2 2026 | Report source date: May 11, 2026

Executive Summary

Dallas market snapshot.

Dallas-Fort Worth benefits from corporate growth, population gains, and deep industrial scale. Office and multifamily are still normalizing, while industrial demand remains strong and retail fundamentals are broadly balanced.

Key Metrics

Market metrics dashboard.

17.8%Office Vacancy
8.4%Industrial Vacancy
5.1%Retail Vacancy
12.3%Multifamily Vacancy
Research Dashboard

Animated market signals.

Vacancy comparison

Office

17.8%

Industrial

8.4%

Retail

5.1%

Multifamily

12.3%

Rent growth signal

Office

2.3%

Industrial

3.5%

Retail

2.4%

Multifamily

-1.7%

Office
Industrial
Retail
Multifamily
Office
2.3M SF absorbed | 2.8M SF delivered
Industrial
30.2M SF absorbed | 24.3M SF delivered
Retail
2.8M SF absorbed | 4.9M SF delivered
Multifamily
584 units absorbed | 571 units delivered
Sector Detail

Office, industrial, retail, and multifamily trends.

office

2.8M SF delivered, 2.3M SF absorbed, 17.8% vacancy, 2.3% rent growth.

CoStar reports eight consecutive quarters of positive office absorption, supported by relocations, expansions, and limited new construction.

industrial

24.3M SF delivered, 30.2M SF absorbed, 8.4% vacancy, 3.5% rent growth.

Industrial activity is accelerating with strong tenant demand, declining vacancy, and major absorption across large-format space.

retail

4.9M SF delivered, 2.8M SF absorbed, 5.1% vacancy, 2.4% rent growth.

Retail remains balanced despite moderated conditions, with population growth and retailer interest supporting leasing.

multifamily

31,571 units delivered, 23,584 units absorbed, 12.3% vacancy, -1.7% asking rent growth.

Multifamily is stabilizing but not yet rebalanced as demand works through a large supply wave and concessions remain common.

Trends

Notable trends.

Corporate relocations continue to support office demand.
Industrial users are increasingly focused on modern large-format facilities.
Retail backfill of national closures has created leasing opportunities.
Multifamily supply pressure remains concentrated in high-growth suburban corridors.
Development PipelineCoStar reports 4.4M SF of office, 42.0M SF of industrial, 7.2M SF of retail, and 32,338 multifamily units under construction.
Investment OutlookDallas-Fort Worth offers scale and liquidity, but investors should distinguish between high-demand growth corridors and assets exposed to aging inventory or near-term multifamily lease-up pressure.
Next Step

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Disclaimer

Data is sourced from CoStar market reports and other market sources provided to Bisono Realty Advisors Group. Information should be independently verified before making leasing, acquisition, disposition, financing, or investment decisions.