TAKEAWAYS

• The overall full service asking rent increased to $26.44 per square foot, up by 4.3% compared to last year and 3.3% from the previous quarter, as rents are expected to slightly increase in 2022
• According to the Federal Reserve Bank of Dallas, DFW total employment count was 3.2% above pre-pandemic levels, increase of 123,840 jobs, and will continue to increase this year
• According to Kastle Systems, the office utilization of DFW market in early March of 2022 was 50.7% well above the national average rate of 40.5% and is expected to remain above the national average

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