Dallas-Fort Worth Retail Market Report

Prime office corridors lead vacancy compression. As of June, Class A vacancy declined 130 basis points year-over-year, compared with just 30 basis points for Class B and C properties, although Class A vacancy remains higher. Improvements occurred in several of the metro’s most sought-after office districts, led by Uptown-Turtle Creek, where vacancy fell by more than 500 basis points. Richardson-Plano, Downtown Fort Worth, and Preston Center also recorded declines exceeding 150 basis points, underscoring tenants’ preference for well-located, amenity-rich assets. Recent Uptown move-ins from Morgan Stanley and Scotiabank further highlight the metro’s growing role as a financial services hub.