2016 best year yet! Industrial demand, construction set new high? Where?

​​​​​​DALLAS-FORT WORTH – ​The DFW industrial market absorbed 25.2 million sf in 2016—the highest annual absorption ever tracked by CBRE Research. This demand figure is even more remarkable when the 22.7 million sf of construction completions are taken into account.  

​South Dallas had the highest annual absorption with 5.5 million sf absorbed in 2016. 

South Dallas is typified by large footprint and high clear buildings that are ideal for regional distribution centers. Third party logistics providers (3PLs), e-commerce, and consumer goods occupiers drove demand in the submarket in 2016. 

North Fort Worth had the highest quarterly absorption for 4Q 2016 with nearly 1.1 million sf of absorption.