Dallas Fort-Worth industrial market report

The Dallas-Fort Worth industrial market wrapped up 2025 with 27.2 million square feet (msf) of positive net absorption, underscoring sustained demand that pushed leasing to 56.1 msf, over 50% above long-term norms. Although construction has normalized, the pipeline remains strong with 28.3 msf underway, and deliveries, while at their lowest since 2016, were still solid. That slowdown, combined with steady demand, has vacancy trending down since its peak in late 2024, signalling lease up is picking up and the market is back in balance. Major moves by companies like Medline Industries, Amazon, Google, and Hayes Company highlight the region’s strategic role as a national distribution hub. Low costs and a skilled workforce continue to attract relocations and expansions, reinforcing DFW’s position as a leading logistics and headquarters market.