• The Texas industrial market closed 2017 with more than 40.6 million sq. ft. of delivered construction. The majority of this space, over 26.7 million sq. ft., was delivered in Dallas/Fort Worth.
  • The Metroplex posted its highest quarterly and annual construction delivery in Q4 2017. Austin and El Paso saw growth with annual deliveries tripling and doubling, respectively, compared to 2016.
  • Space under construction remained strong with nearly all markets and Texas surpassing their current cycle average.     
  • State-wide industrial net absorption saw a quarterly and total annual decline. However, all markets closed Q4 2017 with positive quarterly and year-to-date net absorption.
  • Absorption during the quarter increased state-wide and in Austin, Dallas, El Paso, and McAllen compared to Q4 2016.