Q3-Q4 Bi-Annual

December 30, 2022

Q3-Q4 Bi-Annual

The Dallas-Fort Worth industrial market continues to see rapid expansion through the end of 2022 and into 2023. When tracking all properties, the industrial market is over 1 billion square feet! 2022 finished with a record 41.5 MSF in new product deliveries, far exceeding the recent annual average of 27.5 MSF.

Vacancies trended downward to a healthy 4.0% due to strong demand and an annualized 37.1 MSF net absorption, of which 23.5 MSF was in Q3 and Q4. This new supply pipeline is only gaining momentum, with the market finishing the year with an astounding 86.4 MSF under construction.

Download: Q3-Q4 Bi-Annual Report

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Lee & Associates is a full-service commercial real estate firm specializing in local market expertise for building owners and tenants. The Lee & Associates Dallas-Fort Worth office has proudly served DFW Metroplex for over 15 years. Our experienced team of brokers, market experts, and industry leaders, backed by a nationwide network of 63+ local offices throughout the United States and Canada, delivers local insight, personal service, and proven performance to the people and businesses we serve.