Feb 27, 2017
Dallas industrial sector: 27 consecutive quarters of net gains
DALLAS-FORT WORTH – As of last month, the industrial sector has registered 27 consecutive quarters of net occupancy gains, placing this up cycle among the longest ever, and is also among...
DALLAS-FORT WORTH – As of last month, the industrial sector has registered 27 consecutive quarters of net occupancy gains, placing this up cycle among the longest ever, and is also among the strongest, with net absorption for the past three years.
Demand for industrial space across the country is at an all-time high with Dallas-Fort Worth is leading the way, according to Cushman & Wakefield’s 4Q 2016 MarketBeat.
The North Texas market recorded 5.3 million sf of net absorption in fourth quarter 2016. 
Currently, 17.1 million sf of new construction is underway.
The GSW/Centreport and I-20/Inland Port submarkets are dominating the market, with slightly more than 8.7 million sf under construction between the two.
Last year, developers delivered 22.4 million sf of industrial space, with 86.8 percent constructed on a speculative basis.
Leasing activity for the Dallas-Fort Worth industrial market totaled 31.5 million sf at the end of 2016, 11.2 percent below the 2015 total.
Leasing demand was the strongest in the Irving-Coppell submarket, with nearly 6.8 million sf at year-end, making up 21.5 percent of the total leasing activity.
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