Déjà vu: 2016 feels like 2015 with record construction, absorption
Author: Mike Otillio & Kari Beets
Date Published: 01/02/2017
Looking back at the year-end statistics for Dallas-Fort Worth’s industrial market may give déjà vu. Record construction and absorption levels are similar to what was seen at the end of 2015. Rental rate trends continued climbing upward, while vacancy continued lower than the historical average. In Q4 2015, it seemed too optimistic to think the upward trajectory would continue, but 2016 showed that the positive market fundamentals could continue to improve.