#022 Q1 2023 DFW 🤠 Industrial RE Report 🚚

Is This a Tenant’s Market?

 

There is a bit of a softening in the market this quarter after having a large amount of square footage hit the market from being built out in Q4 of ‘22

If you need 1M sqft, strike while the iron is hot!

Rent rates have jumped from 4.84 to 7.00 in the last year

New construction of space will be limited in the near future as many banks are slowing their lending

All in all, I’m still mad bullish on my hometown market, it’s still growing in population, there’s a plethora of infrastructure criss-crossing here, and there’s still a lot of ground to build on

Get the full rundown, in writing, on my blog, Supply Chain Real Estate.

 

Connect with Ward:

LinkedIn: www.linkedin.com/in/wardrichmond 

Instagram: @ward214tx

Website: TruckinOn.com 

YouTube: Supply Chain Real Estate   

 

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