DFW Industrial Market Sets New Leasing Record in Q2

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Key Takeaways

• DFW concern leasing reached 40.3M SF successful the archetypal fractional of 2026, a grounds gait fueled by broad-based request and information halfway activity.

• Big-box users accounted for astir one-third of the 72M SF successful caller commitments signed implicit the past 12 months, portion rents climbed 13% twelvemonth implicit year.

• Tightening abstraction availability could propulsion much occupiers toward build-to-suit projects and support improvement progressive crossed DFW's outer submarkets.

DFW's concern marketplace is showing small motion of slowing down successful 2026. Leasing reached a grounds 40.3M SF successful the archetypal fractional of the year, according to Bisnow. Data center-related users are adding to beardown request from logistics, manufacturing and e-commerce tenants. Big-box leasing is besides gaining momentum arsenic ample blocks of disposable abstraction go harder to find. With rents rising and vacancy holding adjacent 8%, the marketplace is entering the 2nd fractional with some beardown request and increasing unit connected supply.

A record-setting archetypal half:

Dallas-Fort Worth's concern marketplace is moving astatine a grounds pace, with leasing enactment reaching 40.3M SF done the archetypal fractional of 2026. According to Cushman & Wakefield's Q2 2026 MarketBeat report, quarterly leasing measurement accrued astir 4% from Q1, with information center-related request adding different maturation motor to an already divers occupier base.

The market's accepted request drivers — third-party logistics, manufacturing, e-commerce fulfillment and retail wholesale — stay active. Data halfway suppliers, manufacturers and work providers are present adding meaningful measurement to the mix.

The details:

Landlords signed much than 72M SF of caller commitments during the 12 months done Q2 2026, different marketplace record. Nearly one-third went to 23 big-box users occupying astatine slightest 500K SF, a attraction that is becoming progressively important arsenic ample blocks of disposable abstraction disappear.

DFW had 29.8M SF of concern abstraction nether operation astatine the extremity of Q2, down modestly from Q1 aft 13.6M SF delivered during the quarter. The metro's pipeline represents astir 10% of the much than 300M SF of concern abstraction nether operation nationally.

As request pushes into larger blocks, developers are progressively looking beyond the metro's core. Cushman & Wakefield expects big-box operation to stay progressive successful South Dallas, the eastbound suburbs, Kaufman County, Denton, Alliance, South Fort Worth and the Mid-Cities.