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New Construction To Be Highest Since 2008

DALLAS– Roughly 5.8 million square feet of construction completed in 2014, including 8 speculative projects.

By Katie Hinderer | Updated on July 02, 2014

DALLAS–Market fundamentals are now the best since 2006 and trends are expected to remain stable or even improve through the rest of 2014, according to the latest industrial real estate trends report issued by Cushman & Wakefield.

Direct and overall absorption both totaled 6.5 million square feet, a 37.8% and 40.9% increase respectively over last year’s numbers. Some of the major occupiers who have taken space this year include William Sonoma,Tri-Pack Enterprises, UPS Supply Chain, American Building Supply, Cummins Southern Plains, AmeriFreight, Quaker Oats, Cargill Inc., Keystone Automotive and IGPS Logistics.

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