DFW’s industrial pipeline— matching demand for new space

Bar chart of DFW commercial real estate newer industrial deliveries from 2017 to 2021
  • The question of “overbuilding” frequently comes up given DFW’s significant development pipeline. 
  • While more than 140 msf was delivered between 2017 and 2021, lease-up has been very strong.
  • Currently, vacancy in these newer properties is running just 2.8%, which is well below the region’s already historically low 6.9% average.
  • 2022 deliveries totaled 40 msf. Since most properties in DFW are delivered as “spec”, these new offerings are still in initial lease-up. 
  • As of Q1 2023, these developments have met with good demand and are only 33% vacant.

Get market intel

US-TX-DAL Dallas