RDE Capital Group LLC
Dallas/Fort Worth Office Market Vacancy at 17.9% to Close Q1 2025.
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.
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The Dallas–Fort Worth multifamily market posted a vacancy rate of 11.7% in May 2025, according to Costar Group—well above the 10-year average of 8.5%.
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