DFW far outpaces rest of Texas in industrial construction

DALLAS-FORT WORTH – Almost twice as much industrial space is under construction in North Texas as there is being built in the other top Texas markets combined, according to a new report by CBRE Group.

More than 18.5 million sf of warehouse space is being built in the Dallas-Fort Worth area, CBRE estimates.

The other top Texas industrial building markets — Houston, Austin and San Antonio — together have only about 10.5 million sf of industrial space being built.

Most of the warehouse construction underway in the area is in southern Dallas County, in North Fort Worth and near DFW International Airport. A majority of the local industrial space started to far in 2014 has been speculative with no tenants signed to leases.

See the Industrial category under DFW Market Data Sources for current data.