RDE Capital Group Represents Buyer in North Park Plaza Acquisition in North Richland Hills

The Dallas/Fort Worth office market ended the first quarter of 2025 with a vacancy rate of 17.9%, remaining above the 10-year average of approximately 15.46% according to CoStar Group.

Despite elevated vacancy levels, there are encouraging signs of momentum in the market. Net absorption over the past 12 months reached 2,371,692 square feet — a sharp improvement compared to just 130,879 square feet a year earlier.

With lease renewal activity on the rise and move-outs on the decline, we are optimistic that market conditions will continue to stabilize in the months ahead.