DALLAS-The Dallas/Fort Worth industrial market ranked ninth in the nation in leasing activity with 2.6 million square feet taken down during the first quarter, according to a recent report from Cushman & Wakefield. However, that total is a whopping 54.7% decrease compared to the same period last year.
Several mid- and large-size industrial transactions took place during the first quarter, and leasing activity continued to heat up during the second quarter, according to Dave Anderson, an executive vice president with CB Richard Ellis’ Dallas office who negotiated one of largest industrial leases so far this year with American Standard. The company leased a 626,100-square-foot warehouse building from Duke Realty Corp. in Hutchins.
"There are at least four companies requiring similar size space in the DFW market right now looking to make leases this year," Anderson tells GlobeSt.
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