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Dfw Industrial Space

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Dfw Industrial Space COMMERCIAL REAL ESTATE INDUSTRIAL CLUSTERS DFW INDUSTRIAL SPACE: Industrial space is distributed throughout A LOGISTICS, DISTRIBUTION, the Dallas–Fort Worth region with NORTHWEST concentrations in: AND MANUFACTURING HUB DALLAS > Fort Worth’s AllianceTexas; Dallas–Fort Worth’s central U.S. location provides an > Surrounding Dallas Fort Worth advantageous distribution hub with quick access to rail, International Airport; air, and short- and long-haul truck transportation. 18 33 > In the southern part of Dallas County, 15 9 along Interstate 20 and U.S. Highway 67; 34 14 6 LARGEST INDUSTRIAL PARKS 1 > In suburbs including Arlington, 10 NORTHEAST | Garland, Grand Prairie, and Coppell; and 1 Alliance Texas 3 32 DALLAS > Along the Interstate 35E corridor NORTH 20 2 Arlington South Industrial Park INDUSTRIAL CLUSTERS between Dallas and Lewisville. FORT WORTH 29 The industrial space market has 3 Austin Ranch Distribution Center DFW strengthened over the past couple years, AIRPORT 13 4 Carter Industrial Park with signifi cant new developments 27 throughout the region. CBRE reports 5 CentrePort Business Park 23 8 5 SOUTH that total industrial space under 16 25 STEMMONS construction throughout the area topped 6 DFW Trade Center 26 million square feet. The majority 31 7 Ennis Industrial Rail Park 11 of that construction is taking place in 12 19 8 Fossil Creek Business Park Southern Dallas County, Great Southwest/ SOUTH Arlington, and the North Fort Worth 9 Frankford Trade Center DALLAS EAST market. Observers credit the strength DALLAS of the regional economy, as well as low 10 Freeport North 17 taxes and labor costs, for sustaining SOUTH 21 11 Grand Lakes Distribution Center 30 DFW as a desirable market for real estate FORT WORTH 4 GREAT SOUTHWEST/ 2 ARLINGTON 22 investment. 12 Great Southwest Industrial Park 28 13 International Commerce Park 14 Lakeside Trade Center 26 15 Majestic Aiport Center DFW 16 Mercantile Center 17 Mountain Creek Business Center 18 Northlake Business Center 24 19 Pinnacle Industrial Center 20 Point West PointSouth Logistics & Commerce Centre 21 MAJOR INDUSTRIAL BUILDING/PARK 22 ProLogis Park 20/35 7 23 Railhead Industrial Park 24 RailPort Industrial Park 25 RiverPark Business Park MARKET VIEW AVERAGE ASKING LEASE RATE 26 Sentry Industrial Park MARKET TOTAL VACANCY RATE (%) INDUSTRIAL FLEX DFW AIRPORT 7.2% $5.77 $10.66 27 Skyline Business Park EAST DALLAS 4.6% $3.95 $17.66 28 Southfi eld Park 35 NORTHEAST DALLAS 5.7% $4.24 $8.09 29 Stellar Way Business Park NORTHWEST DALLAS 4.0% $4.29 $8.65 30 Stoneridge Business Park SOUTH DALLAS 15.8% $3.49 $8.00 31 Turnpike Distribution Center SOUTH STEMMONS 4.1% $5.85 $12.21 GREAT SW/ARLINGTON 4.6% $3.81 $10.53 32 Valwood Business Park NORTH FORT WORTH 5.8% $3.89 $12.50 33 Waters Ridge Business Park SOUTH FORT WORTH 3.7% $4.18 $7.14 34 Westport @ Alliance MARKET TOTALS 6.0% $4.30 $10.36 136 DALLAS ECONOMIC DEVELOPMENT GUIDE SOURCE: Dallas Business Journal, DRC Research 2019 2019 SOURCE: CBRE Industrial Real Estate Market Report, 2018 Q4 DALLAS ECONOMIC DEVELOPMENT GUIDE 137.
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