DALLAS–At the mid-way point in 2014, GlobeSt.com caught up withNAI Robert Lynn's President, Mark Miller, to get his take on thecurrent Dallas market, the trends he is tracking and what's aheadfor the industry.
GlobeSt.com: How would you sum up the current state ofthe Dallas market?
Miller: The Dallas market is currentlyvery competitive as a result of low vacancy rates and increaseddemand. Multiple tenants are looking at the same spaces, and manyof our clients have competition on deals. There has been increasedactivity on the industrial side, but we have not seen as many largedeals 400,000 square feet or more. We are also seeing significantconstruction, which should alleviate competition in the future.Some of the hot markets for construction include the Legacy officemarket and on the industrial side – DFW Airport and the SouthDallas markets.
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