Market Intel
Real numbers. Real sources. Updated as the data comes in.
Pereff's directional estimates and project timelines are calibrated against these signals each month. This is the most current DFW data publicly available as of May 2026. Some categories — particularly granular city-level permit volumes — don't have consistent month-by-month public reporting; we show the most recent available data and note limitations inline.
All data points on this page are directional and sourced from public third-party reports. They are not binding commitments. For project-specific cost or financing estimates, contact Pereff for a preconstruction review.
Before every preconstruction meeting, the project team reviews current cost indices, pipeline conditions, and permit lead times for the relevant submarket. The signals below inform the directional budget ranges and schedule estimates Pereff presents to clients — not as ceilings or floors, but as calibration anchors grounded in real market conditions.
Showing 17 data points
$175–$605/SF
The spread reflects project type: tilt-up distribution warehouses sit at the low end ($175–$225/SF), while Class A medical office and data-center shells reach $380–$605/SF. Pricing also varies 12–18% across DFW submarkets. Figures are directional and subject to preconstruction review.
Verified May 2026
$350–$800/SF
General practice and family clinics run $350–$500/SF; dental and orthodontic clinics $400–$600/SF; ambulatory surgery centers $650–$900+/SF. Costs are highest in the Houston and Dallas metros. All figures are directional ranges requiring preconstruction verification.
Verified May 2026
$235–$370/SF
Commercial office buildout in the Plano submarket runs $235–$370/SF; Fort Worth slightly lower at $220–$350/SF. Retail and restaurant space in Texas ranges $255–$395/SF, with kitchens and grease traps adding cost above that band. Labor now accounts for 35–45% of total project cost across all types.
Verified May 2026
+4–6%/yr
Electricians, plumbers, HVAC technicians, ironworkers, and concrete finishers are commanding 4–6% annual wage growth. Data centers are pulling workers away from smaller commercial builds, tightening availability and pushing wages higher across the Dallas metro.
Verified May 2026
28.8M SF
Dallas-Fort Worth is the top U.S. market for industrial real estate under construction as of early 2026, ahead of Houston (21.5M SF). Data centers alone account for roughly 20 projects — about 11% of the pipeline. This level of large-project activity competes for the same skilled labor pool that Pereff clients draw on.
Verified May 2026
~29,400 units
DFW's multifamily pipeline peaked at ~65,000 units in 2023 and has contracted sharply. As of Q4 2025, roughly 29,400 units remain under construction, with new starts near their lowest level in a decade. The pipeline is projected to thin further to ~15,000 units by end of 2026, setting up a supply gap that supports new multifamily development.
Verified May 2026
~16,300 units
After delivering 38,640 units in 2024, DFW's multifamily delivery pipeline has contracted sharply. The 2026 projection of ~16,300 units is the lowest annual total in over ten years. Supply exceeded demand by 24% in 2025 vs. 5% nationally, but the pipeline correction is creating conditions for a late-2026 recovery.
Verified May 2026
827K+ SF
DFW's medical office building (MOB) construction pipeline finished 2024 with over 827,000 SF under development — the strongest in a decade. More than half of the projects are concentrated in West Collin County (Prosper, Celina, Frisco, Plano), reflecting population migration into suburban North Texas. As of Q2 2025, 5.8M SF of MOBs started nationally — the highest quarterly figure in three years.
Verified May 2026
$50M / 85,800 SF
Cambridge Holdings broke ground on an 85,800 SF medical office building adjacent to The Star in Frisco — anchor tenants include Compass Surgical Partners, Orthopedic Institute of North Texas, and Lam Vascular & Associates. Expected delivery: late 2026. This is the largest single MOB start in West Collin County this year.
Verified May 2026
+26% by 2030
Collin County (Plano, Frisco, McKinney, Allen, Prosper) is projected to grow 26% through 2030, versus 8% for Dallas County and 12% for Tarrant County. Outpatient healthcare volume is expected to grow at nearly three times the population growth rate — approximately 22%+ by 2028. This is the core demand signal behind Pereff's focus on Collin County medical and dental projects.
Verified May 2026
92.7% occupied
JLL's 2026 Medical Outpatient Building Perspective reports national MOB occupancy at 92.7%, a record high. Health systems account for 46% of medical leasing; specialty providers 36%. New-construction rents are running at nearly twice in-place rents, signaling strong demand for purpose-built medical space.
Verified May 2026
18,700 units absorbed
Despite elevated supply, DFW absorbed 18,700 multifamily units in 2025, the second-highest absorption total nationally. Class C properties maintained 91.8% occupancy; Class A sat at 88.1%. As new deliveries slow through 2026, the demand base positions the market for occupancy recovery into 2027.
Verified May 2026
87% LTC / 43 yrs
The HUD 221(d)(4) program offers up to 87% loan-to-cost for market-rate multifamily construction (90% for affordable housing), fixed rates for up to 43 years (3 years construction + 40-year permanent), and a 65 bps MIP for market-rate projects. Minimum loan: $4M. Timeline to close: approximately 12 months for market-rate applications.
Verified May 2026
Unchanged standards
The Federal Reserve's April 2026 Senior Loan Officer Opinion Survey reported CRE construction and land development lending standards as basically unchanged on net. Demand for construction loans remained weaker at larger banks, but standards eased over the prior year via higher maximum loan sizes and narrower spreads. Alternative lenders (debt funds, mortgage REITs) led 40% of CBRE non-agency closings in Q4 2025.
Verified May 2026
3.75–4.25%
Commercial real estate lenders are underwriting to a 10-year Treasury anchored near 4.0% through 2026, with the Fed expected to cut 75–100 bps total. Short-term rates falling improves new-construction feasibility. Capital is selective — lenders require durable cash flow and strong basis before advancing construction loans.
Verified May 2026
Steel +11.9% YoY
The ENR Q1 2026 Cost Report (headline: 'Tariffs Contributed to Price Hikes for Many Materials in 2025') found overall Materials Cost Index up 2.5%, with structural steel rising 11.9% year-over-year. Skilled labor rose 5.7% and common labor 4.0%. The ENR Building Cost Index rose 4.2% for the year; the Construction Cost Index rose 3.6%. Budget contingencies of 5–8% are advisable for projects with significant steel content.
Verified May 2026
1,586 permits (−39% YoY)
Collin County recorded 1,586 building permits in Q1 2026, down 39% from Q1 2025. The Dallas metro overall saw 5,209 new permits through Q1 2026, a 25% decrease. Note: these figures include residential and commercial permits; commercial-only breakdowns are available through individual city permit portals (Frisco, Plano, McKinney). The pullback reflects interest-rate and inventory recalibration, not a structural demand decline.
Verified May 2026
Ask Pereff AI how these signals affect your specific project type, location, and timeline — or speak directly with the team.
Data last verified: May 2026. Flag an outdated source →
