Cushman Wakefield: DFW Industrial Snapshot 3Q 2015Cushman Wakefield: DFW Industrial Snapshot 3Q 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=113012015-12-01T06:00:00Z2015-12-01T23:00:00Z

​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

​See Dallas-F​ort Worth Industrial Market Research​ for free data!

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