Q2 2020: DFW Industrial Market Report
Our report provides a snapshot of the market, top lease transactions, submarket data, as well as with key trends and takeaways on the state of the industrial market in DFW.
The COVID-19 pandemic has defined the first half of 2020 with the DFW industrial market showing strong signs of stability. Overall rental rates remained stable for the industrial market, and, although rent growth lessened, DFW continues to outpace the national average at 3.4%. Quarter-over-quarter, overall vacancy increased only slightly from 6.3% to 6.6%, and the availability rate remained steady at 10.0%. Construction activity remains robust with over 11 million square-feet across 36 buildings being delivered in Q2 2020. Nearly 30 million square-feet of space is under construction across 130 properties throughout the industrial market.
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