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Fort Worth Market Remains Hot in Q2

FORT WORTH—Despite a dip in office occupancy, the local commercial real estate market has seen a thriving second quarter, with positive absorption and rent growth in both the industrial and retail sectors.

By Katie Hinderer | Updated on August 13, 2014

market remains hot after the second quarter. While office occupancy fell in the second quarter, the industrial market saw a gain in both occupancy and rental rates. The market is set to absorb more than 4 million square feet of industrial space this year. During the first half of 2014, the retail market say 1.1 million square feet of absorption, which is more than double last year’s numbers.

GlobeSt.com caught up with Jeanette Rice, principal and commercial real estate economist for Rice Consulting, to get a more in-depth perspective into the Fort Worth market and the findings of the report.

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