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CBRE: DFW industrial 2Q 2015 marketviewCBRE: DFW industrial 2Q 2015 marketviewhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=2812015-07-25T18:15:00Z2015-07-24T00:00:00Z

DALLAS-FORT WORTH - Second quarter 2015 marks the 19th consecutive quarter of positive net absorption for the DFW industrial market as it posted 4.2 million sf in total market absorption, according to CBRE’s Industrial Marketview 2Q 2015.

Deliveries totaled 3.8 million sf in 2Q 2015, less than half the amount of completions from last quarter, when DFW posted the highest amount of quarterly new inventory in CBRE’s tracked history.

Because of the fewer deliveries and steady amount of starts, the under construction pipeline remained relatively flat over the quarter, totaling just over 14 million sf of projects underway.

DFW Industrial Market Statistics 2Q 2015
Market Rentable
Area
(SF)
Available
(SF)
Vacancy
Rate
2Q 2015
Net
Absorption
(SF)
Avg. Asking
Rate ($/SF/Yr)
Industrial
Avg. Asking
Rate ($/SF/Yr)
Flex
Dallas total 480,354,152 53,031,227 7.8% 3,251,394 4.26 8.36
Fort Worth total 242,717,537 22,930,822 6.5% 932,735 3.93 6.68
Totals* 723,071,689 75,962,049 7.4% 4,184,129 4.11 8.25


*Totals are based on all submarkets in Dallas and Fort Worth.

Source: CBRE

Also see DFW Market Research and DFW NewsTalk.

CBRE
Dallas-Fort Worth-Arlington
Industrial
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