Q3 2025-DFW INDUSTRIAL MARKET REPORT
October 9, 2025
The Dallas-Fort Worth industrial market showed continued stability in Q3 2025, with vacancy rates steady at 9.5%, down slightly from last quarter. Twelve-month net absorption reached 21.8 million square feet, indicating consistent tenant demand even as overall absorption levels moderate compared to prior years. Average asking rents remained strong, posting $8.96 per square foot NNN, while sale pricing climbed further to $129 per square foot, reflecting ongoing investor confidence. Development activity also held elevated, with more than 34 million square feet under construction, reinforcing the region’s long-term growth trajectory. Together, these trends highlight a market that continues to expand on solid fundamentals, supported by strong leasing activity, rising valuations, and a robust pipeline.