"It's ridiculous," J. Reagan Dixon, senior managing director andbranch manager of Cushman & Wakefield of Texas Inc., toldGlobeSt.com. "Many times, people look at the square footage that'svacant and they don't pay attention to absorption."

Kevin Santaularia, president and CEO for the Bradford Cos., hasread the report in its entirety and he says it's not fair to paintthe entire region with the same proverbial brush. "The officesubmarkets at risk are the North Dallas Tollway and Las Colinas,but to brush the entire market with an unfavorable condition isunfair as the DFW office absorption and job growth remains quitehealthy," Santaularia told GlobeSt.com.

Dixon has logged 30 years in Dallas' commercial real estatemarket, watching the region crash in the mid-1980s, rise from theashes and perform at its current peak level. "Everybody thought wewere a bunch of wild Texans down here building just because it feltgood," he recalls of the real estate crash. It's just not the samedespite what the FDIC is saying, he contends. Eight million sf wasabsorbed last year, another eight to 10 million sf will be absorbedthis year, he says. Sure, there's another two million sf of officespace under construction but, he says, "we're absorbing more thantwice at what we're completing ... and that's the key."