Q3 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 Dallas-Fort Worth industrial market has had a remarkable performance throughout 2020. Supply continues to be delivered, averaging more than 20 million SF of net new product annually over the past several years. Over a 12 month period, the market has added 35.1 MSF of new supply. The vacancy rate had a slight up-tick to 6.9%, but has been mostly stable due to a combination of demand for spec projects and several build-to-suits that delivered. The market has been keeping up, absorbing 26.3 million SF over the past 12 months. The metroplex leads the nation in construction, with 29.6 million SF underway.
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