Dallas-Fort Worth has a higher office vacancy rate than the national average, per data from Moody's.
Why it matters: The reliance on office space has drastically changed since the pandemic, with more people working remotely or only going into a workplace a couple times a week.
Zoom in: Though office vacancies are up from pre-pandemic levels, the D-FW market is one of the hottest for in-office work.
The Dallas area has passed Chicago to become the third-largest metro for office-using jobs, per a recent report from real estate services company JLL.
Context: JLL found most of the office vacancies are confined to just 10% of buildings.