Dallas just ranked #1 in commercial real estate - for the second year in a row. PwC and the Urban Land Institute put us at the top of every major market in the country.
And it's not just a ranking - 22 million square feet of industrial space absorbed in the last 12 months. Highest in the U.S. Retail construction leading the nation. Office sublease coming down. If you own or lease commercial property in DFW - this market is working for you. I'm Steve Burris with Capstone Commercial. Let's talk about what it means for your property.
DFW just led the entire county in industrial absorption. 22.3 million square feet absorbed in the past 12 months. That's not a record for DFW - that's a record for the whole country.
Infill locations near DFW Airport, Lewisville, and HWY 121 are tightest. Rents up 4.5%. Available space getting scarce. If you own industrial in DFW right now, your asset is working for you. If you're a tenant without a long-term lease locked in, it's time to talk. 26 years in this market - the demand is real and it's not letting up.
