Dallas – Fort Worth
Industrial Market Summary
23Q2 EXISTING PROPERTIES
Colliers Market
Bldgs
VACANCY
NET ABSORPTION
CONSTRUCTION
RENT
Total
Direct
Sublease
Total
Vacancy
Vacancy
Net Abs
Net Abs
New
Under
Inventory
Vacancy
Vacancy
Vacant
Rate
Rate
Current Qtr
YTD
Supply
Construction
Rate
SF
Rate
Rate
SF
Current
Prior Qtr
SF
SF
YTD SF
SF
(NNN)
Average
Warehouse/Distribution: Big-Box ONLY Alliance
103
57,926,114
9.9%
1.8%
6,807,297
11.8%
6.3%
(550,368)
1,290,124
3,869,844
9,814,360
DFW Airport
106
47,667,609
5.4%
0.2%
2,651,324
5.6%
5.3%
(107,066)
542,755
1,000,584
2,210,264
N/A $9.75
East Dallas
31
12,659,080
11.7%
3.7%
1,952,871
15.4%
11.5%
311,177
154,884
1,121,236
2,715,951
$5.51
Far North I-35E Corridor
80
31,359,126
4.7%
2.7%
2,326,024
7.4%
6.2%
(176,651)
468,690
1,979,308
2,304,460
$7.18
Great Southwest
106
41,889,239
4.0%
1.1%
2,145,492
5.1%
4.9%
76,901
21,901
816,201
2,132,760
$4.95
Metropolitan / Addison
2
866,029
0.0%
0.0%
0
0.0%
0.0%
0
0
0
0
North Fort Worth
43
18,472,201
13.3%
1.2%
2,691,749
14.6%
12.0%
80,660
471,997
1,762,280
2,302,210
N/A
North I-35E Corridor
4
1,109,853
0.0%
0.0%
0
0.0%
0.0%
0
0
0
0
North US 75 Corridor
15
6,291,471
3.1%
0.0%
197,161
3.1%
3.1%
0
60,001
0
783,432
Northeast Dallas
29
9,880,623
0.9%
0.0%
91,624
0.9%
0.3%
235,356
363,687
301,120
0
N/A
South Dallas
144
84,617,974
15.0%
0.9%
13,530,041
16.0%
13.9%
2,201,252
5,589,881
13,752,041
10,371,519
N/A
South Fort Worth
35
13,196,323
11.4%
1.1%
1,644,299
12.5%
8.1%
(12,079)
280,299
607,074
3,824,481
$5.58
West I-30 Corridor
46
22,447,782
8.7%
1.4%
2,280,777
10.2%
13.2%
689,075
690,613
638,058
1,366,315
N/A
$5.05 N/A $7.95
Outlying Metroplex
16
12,666,599
12.5%
0.0%
1,585,785
12.5%
14.1%
904,495
760,571
819,987
6,072,452
$4.50
Total DFW Market
760
361,050,023
9.3%
1.2%
37,904,444
10.5%
8.7%
3,652,752
10,541,212
26,667,733
43,898,204
$6.67 $11.42
Warehouse/Distribution: NON Big-Box Alliance
182
10,623,874
5.5%
0.0%
579,161
5.5%
11.0%
603,399
950,807
215,245
1,933,217
DFW Airport
440
35,037,269
3.6%
1.0%
1,627,697
4.6%
4.0%
210,578
386,954
579,105
1,601,056
$10.53
East Dallas
455
20,561,159
9.3%
0.1%
1,940,333
9.4%
8.5%
(39,601)
2,926
295,463
1,087,750
$9.60
Far North I-35E Corridor
789
53,228,412
4.2%
0.8%
2,613,942
4.9%
4.3%
363,026
592,171
1,193,071
1,308,942
$9.22
Great Southwest
1,093
67,091,642
4.3%
0.7%
3,361,803
5.0%
4.7%
(193,361)
(565,016)
93,041
938,480
$8.77 $11.72
Metropolitan / Addison
211
11,287,117
2.2%
1.1%
373,463
3.3%
2.6%
(76,806)
(59,203)
95,356
0
North Fort Worth
378
23,165,575
5.8%
0.6%
1,487,484
6.4%
6.0%
56,436
20,415
178,930
1,202,210
$5.74
North I-35E Corridor
1,551
58,033,671
5.4%
0.3%
3,312,179
5.7%
4.8%
(336,999)
(751,142)
264,242
139,773
$10.42
North US 75 Corridor
437
24,752,587
5.9%
0.7%
1,641,527
6.6%
5.5%
736,808
707,330
1,250,953
2,117,572
$10.01
Northeast Dallas
573
29,758,939
2.3%
0.6%
876,147
2.9%
2.9%
44,681
74,355
94,758
812,585
$7.49
South Dallas
443
28,751,528
11.5%
0.5%
3,470,811
12.1%
8.5%
(106,830)
(154,848)
1,319,731
1,390,089
$8.29
South Fort Worth
1,210
44,841,135
5.4%
0.3%
2,591,117
5.8%
6.0%
146,741
198,986
189,973
1,030,477
$8.63
West I-30 Corridor
252
12,962,314
4.1%
1.0%
654,731
5.1%
3.1%
(254,394)
(18,921)
83,561
196,996
$5.10
Outlying Metroplex
768
26,888,204
4.2%
0.1%
1,135,902
4.2%
3.2%
200,027
632,982
987,456
1,407,684
$8.12
Total DFW Market
8,782
446,983,426
5.2%
0.6%
25,666,297
5.7%
5.1%
1,353,705
1,871,499
6,820,885
15,166,831
$8.58
Warehouse/Distribution: Big-Box & NON Big-Box Alliance
285
68,549,988
9.2%
1.6%
7,386,458
10.8%
7.0%
53,031
2,240,931
4,085,089
11,747,577
$11.42
DFW Airport
546
82,704,878
4.7%
0.5%
4,279,021
5.2%
4.8%
103,512
929,709
1,579,689
3,811,320
$10.37 $7.84
East Dallas
486
33,220,239
10.2%
1.5%
3,893,204
11.7%
9.6%
271,576
157,810
1,416,699
3,803,701
Far North I-35E Corridor
869
84,587,538
4.4%
1.5%
4,939,966
5.8%
5.0%
186,375
1,060,861
3,172,379
3,613,402
$7.75
Great Southwest
1,199
108,980,881
4.2%
0.9%
5,507,295
5.1%
4.8%
(116,460)
(543,115)
909,242
3,071,240
$8.71 $11.72
Metropolitan / Addison
213
12,153,146
2.0%
1.1%
373,463
3.1%
2.4%
(76,806)
(59,203)
95,356
0
North Fort Worth
421
41,637,776
9.1%
0.9%
4,179,233
10.0%
8.6%
137,096
492,412
1,941,210
3,504,420
$5.59
North I-35E Corridor
1,555
59,143,524
5.3%
0.3%
3,312,179
5.6%
4.7%
(336,999)
(751,142)
264,242
139,773
$10.42
North US 75 Corridor
452
31,044,058
5.4%
0.6%
1,838,688
5.9%
5.0%
736,808
767,331
1,250,953
2,901,004
$9.58
Northeast Dallas
602
39,639,562
2.0%
0.5%
967,771
2.4%
2.2%
280,037
438,042
395,878
812,585
$7.49
South Dallas
587
113,369,502
14.2%
0.8%
17,000,852
15.0%
12.5%
2,094,422
5,435,033
15,071,772
11,761,608
$8.29
South Fort Worth
1,245
58,037,458
6.8%
0.5%
4,235,416
7.3%
6.5%
134,662
479,285
797,047
4,854,958
$7.61
West I-30 Corridor
298
35,410,096
7.0%
1.3%
2,935,508
8.3%
9.5%
434,681
671,692
721,619
1,563,311
$5.10
Outlying Metroplex
784
39,554,803
6.8%
0.0%
2,721,687
6.9%
6.6%
1,104,522
1,393,553
1,807,443
7,480,136
$8.08
Total DFW Market
9,542
808,033,449
7.0%
0.9%
63,570,741
7.9%
6.7%
5,006,457
12,412,711
33,488,618
59,065,035
$8.14