{"id":1004753439,"date":"2025-04-28T03:05:55","date_gmt":"2025-04-28T11:05:55","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004753439"},"modified":"2025-04-28T07:07:05","modified_gmt":"2025-04-28T15:07:05","slug":"dfw-industrial-market-sees-strong-sales-and-development","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dfw-industrial-market-sees-strong-sales-and-development\/","title":{"rendered":"DFW Sees Strong Industrial Sales, Development"},"content":{"rendered":"\n

Dallas-Fort Worth has cemented its status as a major force in the industrial sector, ranking as the nation\u2019s most active market. Despite relatively unchanged prices from last year, the Metroplex recorded a substantial industrial transaction volume<\/a> in the first two months of 2025, according to CommercialEdge data.<\/p>\n\n\n\n

With the highest average industrial sale price in the South, Dallas\u2013Fort Worth continues to thrive amid major transactions. At the end of February, Dallas had 24.1 million square feet of industrial space under construction across 96 properties, accounting for 2.4 percent of existing stock\u2014above the national average of 1.7 percent. This robust development pipeline underscores the Metroplex’s ongoing growth and prominence in the industrial market.<\/p>\n\n\n\n

Strong industrial sales activity in Dallas-Fort Worth<\/h2>\n\n\n
\n
\"Two<\/a>
WPT Capital Advisors acquired the two Class A warehouses at Elizabeth Creek Gateway in North Fort Worth, Texas. Image courtesy of PCCP<\/em><\/figcaption><\/figure><\/div>\n\n\n

Dallas has remained the most active industrial sales market nationwide, recording a substantial $415 million transaction volume year-to-date through February, according to CommercialEdge<\/a> data.<\/p>\n\n\n\n

The Metroplex led the Southern region with industrial assets trading at $112 per square foot. Following closely were Baltimore at $132 per square foot and Nashville at $120 per square foot, both trading above the national average of $127 per square foot.<\/p>\n\n\n\n

As one of the largest transactions<\/a> in the market, an affiliate of WPT Capital Advisors acquired two fully leased Class A warehouse\/distribution buildings totaling 1.1 million square feet at Elizabeth Creek Gateway in North Fort Worth, Texas. LBA Realty sold the Buildings D and E, at 16000 and 15716 Wolff Crossing, respectively.<\/p>\n\n\n\n

Largest development pipeline<\/h2>\n\n\n\n

At the end of February, Dallas had 24.1 million square feet of industrial space under construction across 96 properties. The pipeline accounted for 2.4 percent of existing stock\u2014above the national average of 1.7 percent.<\/p>\n\n\n\n

Phoenix came in second with 15 million square feet, while other markets such as Kansas City (10.5 million square feet), Chicago (7 million square feet), New Jersey (5.6 million square feet) and Indianapolis (3.7 million square feet) had smaller pipelines.<\/p>\n\n\n

\n
\"Development<\/a>
The DICK\u2019s Sporting Goods facility will include a plethora of sustainable features and initiatives, such as recycled and environment-friendly construction materials, as well as recycling programs for plastics and corrugate. Image courtesy of DICK\u2019S Sporting Goods<\/em><\/figcaption><\/figure><\/div>\n\n\n

In the first two months of 2025, approximately 2.4 million square feet of industrial space broke ground in the Metroplex across seven properties, representing 0.2 percent of total stock. The index was slightly higher than the national average of 0.1 percent.<\/p>\n\n\n\n

Hillwood recently broke ground on an 800,000-square-foot, build-to-suit regional distribution center<\/a> in Fort Worth, Texas, for DICK\u2019s Sporting Goods. The completion of the project is anticipated in early 2026 and will take shape on an 89.5-acre site inside Hillwood\u2019s Risinger\/35 Logistics Park at the intersection of Risinger and Old Burleson roads. <\/p>\n\n\n\n

Strong market for deliveries in 2025<\/h2>\n\n\n\n

Dallas\u2019 industrial sector saw almost 3 million square feet delivered year-to-date as of February. The 16 properties accounted for 0.3 percent of the market\u2019s total stock, on par with the national average of 0.3 percent.<\/p>\n\n\n

\n
\"Rendering<\/a>
Holt Lunsford Commercial recently completed Gateway Crossing Logistics Park in Forney. The 127-acre campus encompasses more than 1.7 million square feet. Image courtesy of Holt Lunsford Commercial<\/em><\/figcaption><\/figure><\/div>\n\n\n

Compared to peer markets, only Phoenix (6.6 million square feet) surpassed the Metroplex in industrial deliveries<\/a>. Indianapolis (466,000 square feet), the Inland Empire (748,646 square feet) and New Jersey (842,623 square feet) trailed behind.<\/p>\n\n\n\n

Holt Lunsford Commercial\u2014in partnership with Principal Asset Management\u2014recently completed Gateway Crossing Logistics Park<\/a> in Forney, Texas. The 127-acre campus encompasses more than 1.7 million square feet.<\/p>\n\n\n\n

One of the highest vacancy rates in the region<\/h2>\n\n\n\n

Dallas-Fort Worth\u2019s vacancy rate clocked in at 9.7 percent as of the end of February, recording one of the highest vacancy rates in the region\u2014reflecting a significant 520-basis-point increase year-over-year.<\/p>\n\n\n

\n
\"Exterior<\/a>
Southport Logistics Park\u2019s Building 1 has a a 36-foot clear height and 200 dock doors. Image courtesy of Logistics Property Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n

Among peer markets, Indianapolis (9.7 percent) and Chicago (9.4 percent) followed closely, while other metros such as Kansas City (5.8 percent) recorded lower numbers.<\/p>\n\n\n\n

CJ Logistics America has leased Southport Logistics Park\u2019s Building 1,<\/a> a 1.1 million-square-foot warehouse in Wilmer, Texas. The lease of the three-building, 252-acre development owned by Logistics Property Co. marks an expansion for the supply chain subsidiary of South Korea-based CJ Group and its commitment to expand in the Dallas-Fort Worth industrial market.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Metroplex remains one of the most active markets in the U.S., according to CommercialEdge data.<\/p>\n","protected":false},"author":3014,"featured_media":1004740458,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21782,22251,21748,21783,52420,51973],"tags":[51047,50674],"class_list":["post-1004753439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-in-focus","category-industrial","category-investment","category-market-updates","category-southwest","tag-marketupdate","tag-commercialedge"],"acf":[],"yoast_head":"\nDFW Sees Strong Industrial Sales, Development - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Despite relatively unchanged prices, the metro's industrial market remains the most active nationwide, according to CommercialEdge data.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dfw-industrial-market-sees-strong-sales-and-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DFW Sees Strong Industrial Sales, Development\" \/>\n<meta property=\"og:description\" content=\"Despite relatively unchanged prices, the metro's industrial market remains the most active nationwide, according to CommercialEdge data.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/dfw-industrial-market-sees-strong-sales-and-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-28T11:05:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-28T15:07:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/12\/Building-1-at-Southport-Logistics-Park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1227\" \/>\n\t<meta property=\"og:image:height\" content=\"920\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/dfw-industrial-market-sees-strong-sales-and-development\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/dfw-industrial-market-sees-strong-sales-and-development\/\",\"name\":\"DFW Sees Strong Industrial Sales, Development - 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