Frisco to Dominate in 2018 with 1.32MSF of Office Space

The pace of Frisco office development is set to almost double in 2018.

FRISCO, TX—The overbuilt and bustling central business districts leave little room for new construction, consequently, investors are shifting focus towards the suburbs, where vacant land is still available and the potential for large-scale development is bigger, according to RentCafe. Close to 35 million square feet of office space will be delivered to the US suburbs in 2018, compared to 24 million square feet underway in urban areas and 15 million square feet headed for the CBDs.

Frisco is set to land the second largest amount of office deliveries in Texas, increasing its existing inventory by 29% with 1.32 million square feet of competitive office space. The Dallas office pipeline for next year makes the top 20, but its forecasted 1 million square feet of office space will only increase the city’s inventory by 1%. Spring, TX will add 680,000 square feet of competitive office space to its 20.3 million square feet inventory, outranking both Addison, TX and Plano, TX, and increasing its inventory by 25%.