DFW tops in U.S. for industrial buildingDFW tops in U.S. for industrial buildinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=15422015-03-06T10:02:00Z2015-03-06T09:00:00Z

DALLAS-FORT WORTH - North Texas now has the fastest growing industrial building market in the country.

More than 16 million sf of warehouse and industrial space are currently being built in North Texas, making it the top market in the nation, according to a new report by Cushman & Wakefield.

“E-commerce is fueling new projects in major logistics hubs such as Dallas-Fort Worth, the Inland Empire, Chicago and Atlanta,” the commercial real estate firm reports. “Markets with intermodal capabilities, notably Dallas-Fort Worth, Atlanta and Chicago are leading the way in rent growth, absorption and construction.”

Almost 12 million sf of the industrial buildings now under construction in the DFW area are being built speculatively.

“This market is set to add an additional 23 million sf of new inventory over the next three years,” the report states.

DFW warehouse rents are forecast to rise at one of the fastest clips in the country during the next couple of years, Cushman & Wakefield forecasts.

tag: DFW Market Research; DFW NewsTalk Texas

Dallas Morning News
Dallas-Fort Worth-Arlington
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