Dallas-Fort Worth Industrial Investment Forecast
Tenants and Investors Value Presence in Nation's Second-Largest Industrial Market Amid Bottlenecks
Access to transit nodes highlights leasing trends. The Metroplex benefits from a large and growing populace in addition to an expansive list of companies based in the metro. The international airport and advanced intermodal facilities have also aided the area which has become a hotspot for national distributors. These demand drivers have led to a growing number of leases being signed that involve assets containing 100000-plus square feet. Beyond size requirements firms will continue to emphasize location when choosing a facility with recent leasing volume indicating a preference for space near transit hubs. The strongest net absorption has been along Interstate 35 in Tarrant County as well as South Dallas. The array of larger floorplans here lures tenants with specific operating needs while quick access to important interchanges and the Union Pacific intermodal facility also support leasing velocity in these locales. Additionally local vacancy near Dallas Fort Worth International Airport is plummeting highlighted by LifeScience Logistics taking on more than 1 million square feet last year.