{"id":1004782417,"date":"2026-04-30T02:00:58","date_gmt":"2026-04-30T10:00:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004782417"},"modified":"2026-05-05T01:38:15","modified_gmt":"2026-05-05T09:38:15","slug":"dallas-industrial-market-update","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dallas-industrial-market-update\/","title":{"rendered":"Dallas Maintains the Nation\u2019s Largest Industrial Pipeline"},"content":{"rendered":"\n

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\"A<\/a>
10X will take shape on a 120-acre site at the AllianceTexas campus. Image courtesy of MP Materials<\/em><\/figcaption><\/figure><\/div>\n\n\n

Dallas\u2013Fort Worth opened 2026 with continued momentum across both industrial development and transaction activity, as the market remained one of the most active large-scale logistics hubs in the country, according to Yardi Matrix.<\/p>\n\n\n\n

Construction levels stayed elevated through February, supported by a sizeable pipeline of projects underway across the Metroplex. Industrial deliveries<\/a> also remained strong early in the year, keeping Dallas at the top of its peer set for new completions. On the capital side, sales activity continued across a broad range of assets, while vacancy held close to the national rate alongside steady rent growth.<\/p>\n\n\n\n

Dallas industrial pipeline among the nation\u2019s largest<\/h2>\n\n\n\n

As of the end of February, Dallas had 103 facilities totaling 29.6 million square feet of industrial space under construction, accounting for 2.8 percent of total stock\u2014well above the 1.8 percent national average. The pipeline was larger than in all other major industrial hubs, with Phoenix (20.0 million square feet) and Chicago (11.1 million square feet) also posting sizable totals, while Indianapolis industrial space<\/a> (6.4 million square feet) and Kansas City (3.5 million square feet) trailed.<\/p>\n\n\n

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\"Exterior<\/a>
At full build-out, Bear Creek Logistics Park will comprise 1.5 million square feet. Image courtesy of Logistics Property Co.<\/em><\/figcaption><\/figure><\/div>\n\n\n

The metro\u2019s pipeline also increased significantly from the same period last year, when 14 properties totaling 5.8 million square feet were under development.<\/p>\n\n\n\n

Developers broke ground on 11 properties totaling 2.3 million square feet as of the end of February, representing 0.2 percent of total stock.<\/p>\n\n\n\n

Medline began construction on a second distribution center, a 1.2 million-square-foot development<\/a> in Midlothian, Texas, scheduled to become operational next year. The company invested $150 million in the project. <\/p>\n\n\n\n

MP Materials also plans to invest $1.25 billion in a rare earth magnet manufacturing facility in Northlake, Texas. Known as 10X, the manufacturing hub<\/a> will be located on Hillwood\u2019s AllianceTexas campus and will occupy multiple buildings across a 120-acre site.<\/p>\n\n\n\n

Logistics Property Co. is also expanding its footprint in Texas with Bear Creek Logistics Park<\/a>, a two-phase, five-building, 1.5 million-square-foot campus in the Dallas\u2013Fort Worth metro. The company plans to break ground in the second quarter, with completion expected in early 2028.<\/p>\n\n\n\n

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