DALLAS-FORT WORTH – Last year, 2019, marked the fourth consecutive year DFW's industrial market topping 20 million sf of positive net absorption.
According to CBRE, annual absorption totaled 23.7 million sf.
The marketwide vacancy rate increased by 19 basis points and closed the year at 5.8 percent, below the long-term average vacancy rate of 8 percent.
The construction pipeline pulled back over the quarter and totaled 23.5 million sf at the end of 2019.
Quarter deliveries totaled ten million sf and were 63.2 percent preleased. Annual deliveries totaled 25.1 million sf and had an average preleased rate of 63.4 percent.
The Real Estate Center has more on DFW's industrial market:
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