$5.72 BILLION in commercial permits. Fort Worth alone. DFW isn't slowing down - it's accelerating.
Here's what the numbers look like right now: Retail vacancy: 4.9% Industrial rents: $10.01/SF (all-time high) Office: 9 straight quarters of positive absorption Commercial permits: up 10% YoY Owners have pricing power. Tenants are competing for space. Investors are paying attention. At Capstone Commercial, our brokers specialize in specific DFW submarkets - so we see opportunities before they hit the market.
DFW now leads the entire country in retail construction - 7.2 million square feet underway.
65% of that pipeline is concentrated in Collin and Denton Counties. Vacancy is sitting at 4.9%. Properties are trading at - $276/SF. Here's the catch: less than 20% of what's under construction is actually available for lease. Most of it is build-to-suit for national tenants like H-E-B. For retail landlords, that's strong position. For Tenants looking for quality space in North Texas - the window is narrowing fast. 26 years in DFW and I haven't seen retail fundamentals th
NOW LEASING | Garland, TX Industrial space available at 2609 Oakland Ave - solid Garland location with easy access. Reach out to Doug Molny or Rick Knobler for details.
Doug: dmolny@capstonecommercial.com Rick: rknobler@capstonecommercial.com
NOW LEASING in Allen, TX - 977 Raintree Circle | a standout Class A office opportunity with modern design, tons of natural light, and a prime Allen location.
Contact Debi Carter to tour: dcarter@capstonecommercial.com
Another 770,000 SF of industrial just broke ground in Alliance, Texas. Hillwood's two new spec buildings - Alliance Gateway 70 (268K SF) and 71 (501K SF) - deliver later this year.
A few things worth knowing if you follow DFW industrial: We lease the county in SF under construction - 28.8 million SF in the pipeline. Logistics is still driving most of it. Data centers are up to about 11%, and growing quickly. Tenants still have some leverage right now. Owners are watching new Class A spec reset the bar. And on the investment side, it really does come back to what you pay going in. DFW isn't slowing down - it's just getting pickier. Plenty of good deal
LEASED! Congratulations to Angela Hawkins on closing another deal - Play Street Museum is coming to Town Center Plaza in Leawood, KS!
Another win for the Capstone team. Angela's dedication and hard work made this one happen.
Big Dallas retail spaces are about to open up. Weir's Furniture - a Dallas institution is closing locations and weighing what to do with its owned real estate.
That means prime spots in well-traveled Dallas corridors could be coming available. In DFW's #1-ranked CRE market, quality retail real estate doesn't sit empty for long. For expanding tenants. For smart investors. For landlords nearby - this is the kind of move worth watching closely. 26 years in this market has taught me one thing: change creates opportunity for those paying attention. What would YOU put in a former furniture showroom? Drop in below
