CBRE Research: Dallas/Fort Worth industrial demand and construction set new high

CBRE has released the Q4 2016 Dallas/Fort Worth Industrial MarketView, which is available for download at cbre.com/researchgateway. Below is a summary of key Q4 highlights.

The Dallas/Fort Worth industrial market absorbed 25.2 million square feet in 2016—the highest annual absorption on record. (NOTE: CBRE Research began tracking industrial data in DFW in 1990).

South Dallas had the highest annual absorption with 5.5 million square feet absorbed in 2016, followed by North Fort Worth and DFW Airport with 5.4 million square feet and 3.3 million square feet annual absorption, respectively.

Construction completions totaled 22.7 million square feet for the year, another new record for the DFW market. South Dallas delivered the most new product with 8 million square feet of space added to the submarket.

Industrial occupiers in Dallas/Fort Worth took down 3.9 million square feet during Q4 2016.

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More information: http://www.cbre.com/researchgateway

More Info: http://www.cbre.com/researchgateway