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Leasing activity holds steady as market fundamentals continue to stabilize
The Dallas-Fort Worth office market recorded 3.6 million square feet (msf) of leasing activity in Q1 2026, just above Q1 2025 levels, signaling steady tenant demand. Activity was anchored by a mix of renewals and relocations, including Oncor Electric Delivery Company’s 176,816 square feet (sf) renewal in the Fort Worth Central Business District (CBD) and GEICO’s 205,736 sf new location in the Richardson Telecom Corridor, with the quarter’s largest transactions, along with several additional leases across the North Dallas Corridor. Consistent deal flow across a range of industries highlights the market’s resilience and continued role as a key corporate hub, with leasing activity exceeding the five-year quarterly average of 3.0 msf.