• 2019 marked the fourth consecutive year of positive net absorption topping 20 million sq. ft. for the Dallas/Fort Worth industrial market.
  • Annual absorption totaled just over 23.7 million sq. ft.
  • The market-wide vacancy rate increased by 19 basis points (bps) and closed the year at 5.8%, but below the long-term average vacancy rate of 8.0%.
  • The construction pipeline pulled back over the quarter and totaled 23.5 million sq. ft. at the end of 2019.
  • Quarter deliveries totaled nearly 10 million sq. ft. and were 63.2% pre-leased.
  • Annual deliveries totaled 25.1 million sq. ft. and had an average pre-leased rate of 63.4%.