Given all the construction it shouldn’t be a surprise, but Dallas-Fort Worth is the top market in the country for both warehouse construction and leasing.
With the pandemic fueling consumer demand for products and services, industrial development has boomed this year in North Texas while many other real estate sectors have floundered.
So far this year, net warehouse space leasing in D-FW has surpassed 21 million square feet, according to new reports from commercial property firm Cushman & Wakefield.
That’s well ahead of the other leading U.S. industrial markets in Pennsylvania and Southern California.
North Texas has also delivered more new industrial space than any other U.S. metro area – almost 23 million square feet through the first nine months of 2020.
“These positive numbers are another sign of industrial resiliency and shows that there is still demand for space in the industrial market, even in uncertain times,” Tray Anderson,