Dallas-Fort Worth industrial space, the largest pipeline in the country.
Dallas-Fort Worth leads the country in leasing and in construction at the same time. Vacancy has held in the low eight percent range while tens of millions of square feet are under construction. No state income tax, two-day ground to more than half the US population, and more new buildings competing for tenants than anywhere else. The leverage is in the pipeline.
Where the leverage sits right now.
Between 24 and 36 million square feet is under construction depending on whose count you use. Even at the low end, that is more new supply than most markets have in total. Developers of speculative buildings delivering into this pipeline are the most motivated landlords in the country, and a tenant with a credible requirement can run a genuine competition among them.
Vacancy is steady in the low eight percent range on every firm's count, and absorption is strong. This is not a distressed market. It is a market where landlords of new product discount to lease up while landlords of stabilized product hold firm. Target accordingly.
Cushman & Wakefield has rents up more than 13 percent year over year while Colliers has them flat. The difference is which buildings each tracks. Pull the rent comps for your specific submarket and building class before accepting any market-wide growth figure in a renewal discussion.
What the major brokerages report.
Each firm tracks a slightly different building set, and in some markets a different metric, so the figures differ. We show all of them rather than average them, because an average of three different definitions describes nothing. Where the spread matters to a negotiation, we say so above.
| Firm | Quarter | Vacancy | Asking rent | Net absorption | Under construction |
|---|---|---|---|---|---|
| Colliers colliers.com | Q2 2026 | 8.6% | $8.08 per sq. ft. | +4.9M sq. ft. | 36.3M sq. ft. |
| CBRE cbre.com | Q2 2026 | 8.3% | n/a | +9.9M sq. ft. | 24.0M sq. ft. across 86 projects |
| Cushman & Wakefield cushmanwakefield.com | Q2 2026 | 8.1% | $9.19 net per sq. ft. | +9.0M sq. ft. | 29.8M sq. ft. |
Reach, infrastructure, and labor.
Share of the US population within 450 road-equivalent miles (one-day ground) and 1,000 miles (two-day ground) of the market center, computed against population-weighted centroids of all 3,125 US counties (2020 Census). Bands approximate FedEx and UPS Ground zone tables within roughly 10 percent and are for comparing markets, not quoting transit times.
Sources: ofis.trade.gov, taxfoundation.org
Where the buildings are.
Wilmer, Hutchins, Lancaster and the Dallas Inland Port. The big-box core, built around the Union Pacific intermodal terminal.
AllianceTexas on I-35W, with the BNSF intermodal facility, Alliance airport and FTZ 196. The largest master-planned logistics development in the region.
Between Dallas and Fort Worth along I-30 and SH-360. Central location, mature product, and the strongest labor access in the metro.
I-20 and I-30 east toward Forney and Terrell. Newer large-format distribution with lower land costs than the core.
Around DFW Airport, Coppell, Grapevine and Irving. Air cargo, high-value distribution and corporate users.
The operations that choose Dallas-Fort Worth.
We represent tenants and buyers only. No landlord listings in Dallas-Fort Worth, so every building in the market is a candidate and every negotiation is on your side of the table. See the operations we serve.
Evaluating Dallas-Fort Worth?
Tell us the size, timing, and operation. We will come back with a curated shortlist and a read on where the leverage is in this market right now.