Dallas Has Space. Are You Ready to Claim It?

posted by
Coach Daymond E. Lavine, CLC
FOUNDER OF PLURARPRENEUR®
Certified Life Coach (CLC) | Life, Business and Brand Coaching

Why You Should Be Interested In Commercial Space If You Own a Business In Dallas

Let me say this plainly, because clarity is currency:

Dallas has space.

Dallas needs tenants.

And Dallas is quietly creating opportunity for people who move early.

If you own a business in Dallas—or you’re building one with intention—this is not a moment to sit back. This is a moment to position.

Dallas Is Full of Empty Offices… And That’s the Signal

Despite hundreds of corporate relocations and expansions across Dallas–Fort Worth over the last decade, the region is still sitting on millions of square feet of vacant commercial space.

Not under construction.
Not “coming soon.”
Already built. Already empty. Already waiting.

According to market research shared by Partners, at least 26 office properties across the Metroplex each have more than 250,000 square feet available. Some of these properties are entirely vacant.

That’s not a problem.
That’s leverage.

Dallas Lacks Adequate Tenancy—And You Can Feel It

If you move through Dallas with your eyes open, you can see it everywhere:

• Entire floors dark in downtown towers

• Suburban office campuses with parking lots that never fill

• Prime corridors with impressive buildings… and no people

Downtown Dallas alone tells the story.

Major landmarks like Bank of America Plaza, Cityplace Tower, Dallas Arts Tower, and Fountain Place each have 600,000+ square feet sitting unused, according to data compiled by CBRE.

That’s not a shortage of buildings.
That’s a shortage of vision-aligned tenants.

Suburbs Aren’t Immune Either

This isn’t just a downtown issue.

• Park at Legacy in Plano has over 1 million square feet available out of roughly 1.85 million total.

• The former American Airlines campus in Fort Worth is nearly entirely vacant.

• The old Pioneer Natural Resources headquarters in Irving? Completely empty.

And yet—this is key—demand hasn’t disappeared. It’s simply become selective.

As I teach inside my 13-Month Billionaire Plan:

Markets don’t die. They recalibrate.

The “Flight to Quality” Is Real—and Strategic

Corporations today aren’t asking, “Where can we fit?”
They’re asking, “Where will people actually come?”

As CBRE Vice Chair Josh White put it, companies want spaces where employees feel compelled, not obligated, to show up.

That means:

• Walkable environments

• Amenity-rich districts

• Buildings that support well-being, not just square footage

Newer Class A properties are commanding premium rents—sometimes north of $100 per square foot—while older buildings sit idle.

That gap is where opportunity lives.

Rents Are Rising—Quietly but Intentionally

Office rents in DFW recently hit a historic high, averaging $34.40 per square foot, according to Colliers. Some properties are already hovering around $35.

Industry leaders expect:

• 10% rent growth over the next year

• $10–$15 per square foot increases over the next three years

This matters because pricing momentum always rewards early movers.

When I advise business owners through Daymond & Company Real Estate, I say this often:

You don’t wait for the market to feel safe. You move while it feels uncertain.

Redevelopment Is Coming—But Not Fast Enough

Yes, millions of square feet are being earmarked for redevelopment into:

• Multifamily

• Hotels

• Mixed-use destinations

Downtown icons like Bank of America Plaza and Cityplace Tower are already in motion. Suburban campuses like the former EDS site in Plano are being replaced—most notably by the new AT&T headquarters, a project expected to span nearly 2 million square feet.

But here’s the truth most people miss:

Redevelopment takes time.
Vacancy exists now.

And during that gap, owners are motivated, flexible, and open to creative deal structures.

What This Means for Dallas Business Owners

If you are:

• A founder tired of paying premium rent for mediocre space

• A brand that needs room to grow without moving cities

• An investor or operator who understands positioning

Then Dallas’ lack of adequate tenancy is your invitation.

This is where:

• Owner-user deals become realistic

• Long-term leases get negotiated aggressively

• Undervalued buildings become strategic assets

Coach Daymond’s Perspective

In my work—as a real estate operator, brand strategist, and coach—I don’t chase hype. I study patterns.

Dallas is not overbuilt.
Dallas is underutilized.

And underutilization is where disciplined builders win.

If you want help identifying:

• Undervalued commercial opportunities

• Off-market or under-leased properties

• Strategic spaces aligned with your brand and growth plan

That’s exactly what we do at Daymond & Company Real Estate.

Because the people who win next in Dallas
won’t be the loudest.

They’ll be the ones who saw the space
before everyone else needed it.