In terms of growth, the Dallas office market has seen better days. So, what does this mean for those seeking to lease office space? A golden opportunity.

Let’s start off by saying that many industry analysts predict that the Dallas-Fort Worth Metroplex will be the hardest hit metro area in the country. The recession’s done a number on the office market, to say the least.

Downtown Fort Worth office buildings saw many tenants moving to smaller spaces in an attempt to save money, and virtually no new leases for space, in the fist half of the year. Now, the downtown office vacancy rate sits at about 19 percent, including leased space that’s not being utilized. Many companies that aren’t using their leased space attempt to find sub-leasers, but that’s usually easier said than done.

Office building construction has come to a grinding halt, office building sales are following closely behind, and leased space continues to free fall.

What Happened?

Perhaps the catalyst that drove the Dallas-Fort Worth Metroplex downturn was due to the