|Cushman Wakefield: DFW Industrial Snapshot 3Q 2015||Cushman Wakefield: DFW Industrial Snapshot 3Q 2015||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=11301||2015-12-01T06:00:00Z|
DALLAS-FORT WORTH - Developers responded to the surge in demand for industrial space in 2013-2014 with a multitude of build-to-suit and speculative projects in DFW, and many of those projects have been completed this year.
Overall vacancy recorded 7.7 percent in third quarter 2015, a slight uptick from 7.4 percent in 2Q 2015, but below last year's 8.0 percent.
New supply delivered in 2015 totals 10.9 million sf with approximately two-thirds being spec buildings and 45 percent of the spec space pre-leased.
The amount of industrial space under construction currently totals a record 20.9 million sf with 76 percent spec, of which almost half is already preleased.
Approximately 6.8 million sf is scheduled to deliver by year-end. The unusually heavy rains this spring delayed work on several construction projects and could push completion on many buildings into 1Q 2016.
|Cushman ＆ Wakefield||Dallas-Fort Worth-Arlington||Industrial|| https://assets.recenter.tamu.edu/Documents/MktResearch/DFW_Cushman_Wakefield_Industrial.pdf|
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