Anyone familiar with commercial real estate in the Dallas-Fort Worth area can become skeptical when the topic turns to the resurgence of downtown Dallas. The resurgence has been a story for a lot of years, but when one examines the continued higher-than-regional average office building vacancies in the CBD, there’s a good reason for the skepticism.
“When you ask people about the CBD, they’ll talk about a tale of two cities. Ross Avenue north and Ross Avenue south. Or DART line north and DART line south (the light rail),” comments Ramsey March, Stream Realty Partners LP’s vice president.
But March and Jim Graham, executive vice president with Colliers International, tell GlobeSt.com that downtown Dallas is actually poised for some nice commercial real estate growth. Not necessarily booming, red-hot growth. But growth nonetheless.
Read more...GlobeSt.com - Don't Count Out the CBD - Daily News Article