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Trammell Crow Center Defies Downtown Headwinds With Leasing Surge

As several major employers prepare to leave Downtown Dallas, Trammell Crow Center is proving that top-tier office buildings can still attract tenants and keep occupancy high.

By the numbers: Stream Realty Partners completed more than 100,000 square feet of leasing activity, bringing the 1.2 million-square-foot tower to 92% leased. The total includes 75,522 square feet of new leases and more than 69,000 square feet of renewals and expansions.

Finance and legal drive demand: A global financial services firm leased nearly 28,000 square feet, while law firms remained active. Gibson Dunn expanded its space, Ahmad Zavitsanos & Mensing and Crowell & Moring signed new leases, and Stream Realty renewed its nearly 45,000-square-foot headquarters.

Renewals signal confidence: Existing tenants continue to recommit to the property through renewals and expansions, highlighting strong tenant satisfaction and long-term confidence in the building.

Standing out Downtown: The leasing momentum comes despite major Downtown departures, including AT&T and Fifth Third Bank, along with the planned exits of the Mavericks, Stars, and Neiman Marcus. The building continues to outperform broader market trends.

Location remains an advantage: Stream Realty credits the building's Arts District location, proximity to Uptown's growing financial corridor, walkability, and amenities as key factors driving leasing activity.

The bigger office trend: Trammell Crow Center reflects the ongoing "flight to quality," as companies continue to prioritize modern, amenity-rich Class A offices even while reducing overall space needs.

➥ THE TAKEAWAY

Quality still wins: While Downtown Dallas faces uncertainty, Trammell Crow Center's leasing momentum shows that top-tier office buildings in prime locations continue to attract and retain tenants.

➥ North Texas' luxury market is shifting north, with Collin and Denton counties claiming three of Texas' priciest home listings as growth drives demand for high-end estates.

➥ Constellation has broken ground on the 492,624 SF Summit 35 industrial project in South Fort Worth, with construction slated for completion in the third quarter of 2027.

➥ Wonder will launch drone meal delivery in Dallas in early 2027 through a partnership with Zipline, with plans to expand the service to most of its Texas locations by year-end.

➥ Dallas’ 10 tallest skyscrapers continue to define the skyline as decades-old towers undergo major renovations, ownership changes and mixed-use conversions despite little new high-rise development.

Housing units in the 20 largest CBSAs, 2020–25

Dallas and Houston added more housing units than any other major metro between 2020 and 2025, with Austin and San Antonio also posting strong gains. The state's abundant land and development-friendly environment continue to drive housing supply at a pace few regions can match.

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