{{titleBar.title}}

{{titleBar.tagline}}

 

 

Dallas industrial development tops nationDallas industrial development tops nationhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=209542018-08-28T05:00:00Z2018-08-28T23:00:00Z

​​​Top U.S. Markets for industrial real estate construction from Transwestern Research.DALLAS-FORT WORTH-ARLINGTON – At more than 25 million sf, North Texas has more industrial real estate under construction than any other city or region in the country, according to a second quarter report by Transwestern

The regions with the next largest amount of under-construction space are Southern California’s Inland Empire (19 million sf), Tampa (18 million), Atlanta (14 million), and Houston (12 million).

Local construction is predominantly centered in South Dallas, where vacancy remains higher than average but developers keep flocking to build more warehouses due to high tenant demand, great highway access, and low barriers to entry.​

DFW’s industrial real estate market, consisting of 767 million sf, is 93.8 percent occupied and absorbed six million sf in the second quarter, totaling about 21 million sf of net absorption in the last 12 months.

Rents, which average $5.21 per sf triple net, rose about 1.4 percent year over year.
D Magazine
Dallas-Fort Worth-Arlington
Industrial
https://www.dmagazine.com/commercial-real-estate/2018/08/dfw-is-second-to-none-in-building-industrial-space/

​Chec​k out more Dallas-Fort Worth-Arlington Industrial Market Research.

Read more at the {Source}

 Search NewsTalk Texas