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DFW industrial market year-end 2012: TranswesternDFW industrial market year-end 2012: Transwesternhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=85532013-01-17T13:59:00Z2013-01-16T00:00:00Z

DALLAS-FORT WORTH - Transwestern has released its fourth quarter 2012 industrial outlook for the Dallas-Fort Worth area.

Highlights:

  • Net absorption totaled 2.2 million sf during fourth quarter 2012 and totaled 8.3 million sf during 2012.
  • Vacancy rates declined to 9.6 percent at year-end 2012, from 9.7 percent at 3Q 2012 and 10.5 percent a year ago. The direct industrial vacancy rate declined to 9.4 percent at year-end 2012, from 9.5 percent at 3Q 2012 and 10.2 percent one year ago.
  • Space under construction: There is 4.6 million sf of industrial space under construction or renovation in the Metroplex at year-end 2012, up from 1.4 million sf at 3Q 2012 and 1.1 million sf at year-end 2011. Space currently under construction is 62 percent preleased.
  • Rents: Stronger market conditions enabled landlords to push industrial rents higher in 2012. The warehouse/distribution sector represents a majority of the industrial inventory and experienced rent growth of 4.4 percent during 2012.
Transwestern
Dallas-Fort Worth-Arlington
Industrial
http://www.transwestern.net/market-research/documents/q4%202012%20dallas%20fort%20worth%20outlook.pdfRead more at {Source}

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