Dallas Leads National Office Market Uptick: CBRE

Law360, New York (September 25, 2013, 1:48 PM EDT) -- Commercial vacancy rates declined in eight of the 13 largest U.S. markets during the third quarter of 2013, led by a 100-basis point drop in Dallas, and the industrial office market continued to show signs of life, according to a report by CBRE Group Inc. released Wednesday.

The commercial office market was paced by Dallas, which saw its vacancy rates decline from 19.1 percent in the second quarter of 2013 to 18.1 percent this quarter.

"Despite rising interest rates and continued weak growth overseas, the U.S....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.