Uptown Dallas Property Values Top $10B, Passing Downtown

Uptown Dallas property values have surpassed $10 billion, edging out downtown by under $1 billion, with a 5.6% growth compared to downtown's 3.6%. Uptown spans about 600 acres and benefits from a financial tenant boom, including major banks and the Texas Stock Exchange. Downtown, covering over 1,000 acres, faces tenant exits but offers cheaper rents near the financial district. Uptown has 1.7 million SF of office space in development, indicating continued growth.