Q4 2023-Market Brief
December 31, 2023
Q4 2023-Market Brief
The industrial real estate market in Dallas-Fort Worth is currently transitioning from a landlord-dominated landscape to a more balanced marketplace. This shift empowers tenants with enhanced leverage to negotiate more favorable lease terms, prompting landlords to adopt more competitive strategies to attract and retain tenants.
Following two years of unprecedented activity, the market is now moving toward normalization. Although vacancies are expected to increase and the volume of new supply may decrease, Dallas-Fort Worth will continue to be a key industrial hub, bolstered by its strategic location, robust infrastructure, and favorable business climate.