Small TX Cities Add Big Office Space in Last Decade

More than 100 million square feet of new office space was added in Houston, DFW and Austin in the last decade.

DALLAS—Office construction has been booming throughout the last decade in Texas and demand for new space is showing no signs of slowing down. To be sure, Texas continues to be a top choice for corporate relocations due to favorable tax conditions and a skilled workforce, according to a report by CommercialCafé.

Specifically, more than 100 million square feet of new office space was added within the Lone Star State’s top three office markets, Houston, Dallas-Fort Worth and Austin, in the last decade. According to Yardi Matrix, Austin is leading the nation’s office supply pipeline with more than 7 million square feet of space currently under construction or 10.5% of the total national stock. Dallas and Houston have 6.2 million and 2.9 million square feet under construction respectively.