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Transwestern: DFW industrial 4Q 2013Transwestern: DFW industrial 4Q 2013https://www.recenter.tamu.edu/news/newstalk-texas/?Item=52762014-01-13T13:52:00Z2014-01-13T07:00:00Z

DALLAS-FORT WORTH - Delta Associates and Transwestern have released the latest DFW Outlook for office and industrial space for year-end 2013. Here’s the latest for the industrial market:

The industrial market saw robust growth with:

• Net absorption in 4Q 2013 at 7.7 million sf, 16.4 million sf in all of 2013;
• Overall vacancy rate: 7.3 percent, down from 7.8 percent at 3Q 2013 and 9.2 percent a year ago; and
• Asking rents increasing 6.2 percent during 2013.

Summary of Industrial Market Indicators
  December 2013 Direct Vacancy Rate, End of: Net Absorption (SF)
Submarket Total
Rentable SF
SF Under
Construction
2011 2012 2013 2011 2012 2013
Dallas - Flex / High-Tech 79,235,079 318,000 13.4% 14.8% 11.8% 328,000 -327,000 925,000
Dallas - Manufacturing 49,552,566 729,833 5.6% 6.3% 5.8% -40,000 -461,000 1,160,000
Dallas - Warehouse / Distribution 346,035,756 4,846,869 10.2% 8.9% 7.1% 8,701,000 4,077,000 8,241,000
Fort Worth - Flex / High-Tech 25,435,175 - 12.8% 11.8% 12.6% -322,000 345,000 110,000
Fort Worth - Manufacturing 23,036,969 - 2.2% 2.6% 2.3% 744,000 -46,000 208,000
Fort Worth - Warehouse / Distribution 209,308,904 2,961,611 10.0% 7.9% 5.6% 4,441,000 4,702,000 5,802,000


For Transwestern's DFW office stats, check out Newstalk Texas.

For the entire report and others, visit DFW Market Data Sources.

Transwestern
Dallas-Fort Worth-Arlington
Industrial
http://www.transwestern.net/market-research/documents/central%20-%20dallas%20fort%20worth%20outlook%20-%20q4%202013.pdfRead more at {Source}

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