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DALLAS ECONOMIC DEVELOPMENT GUIDE 2019 136 INDUSTRIAL CLUSTERS Industrial space is distributed throughout the Dallas–Fort Worth region with concentrations in: > Fort Worth’s AllianceTexas; > Surrounding Dallas Fort Worth International Airport; > In the southern part of Dallas County, along Interstate 20 and U.S. Highway 67; > In suburbs including Arlington, Garland, Grand Prairie, and Coppell; and > Along the Interstate 35E corridor between Dallas and Lewisville. The industrial space market has strengthened over the past couple years, with significant new developments throughout the region. CBRE reports that total industrial space under construction throughout the area topped 26 million square feet. The majority of that construction is taking place in Southern Dallas County, Great Southwest/ Arlington, and the North Fort Worth market. Observers credit the strength of the regional economy, as well as low taxes and labor costs, for sustaining DFW as a desirable market for real estate investment. DFW INDUSTRIAL SPACE: A LOGISTICS, DISTRIBUTION, AND MANUFACTURING HUB Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short- and long-haul truck transportation. 1 Alliance Texas 2 Arlington South Industrial Park 3 Austin Ranch Distribution Center 4 Carter Industrial Park 5 CentrePort Business Park 6 DFW Trade Center 7 Ennis Industrial Rail Park 8 Fossil Creek Business Park 9 Frankford Trade Center 10 Freeport North 11 Grand Lakes Distribution Center 12 Great Southwest Industrial Park 13 International Commerce Park 14 Lakeside Trade Center 15 Majestic Aiport Center DFW 16 Mercantile Center 17 Mountain Creek Business Center 18 Northlake Business Center 19 Pinnacle Industrial Center 20 Point West 21 PointSouth Logistics & Commerce Centre 22 ProLogis Park 20/35 23 Railhead Industrial Park 24 RailPort Industrial Park 25 RiverPark Business Park 26 Sentry Industrial Park 27 Skyline Business Park 28 Southfield Park 35 29 Stellar Way Business Park 30 Stoneridge Business Park 31 Turnpike Distribution Center 32 Valwood Business Park 33 Waters Ridge Business Park 34 Westport @ Alliance LARGEST INDUSTRIAL PARKS SOURCE: Dallas Business Journal, DRC Research 2019 DALLAS ECONOMIC DEVELOPMENT GUIDE MARKET VIEW MARKET TOTAL VACANCY RATE (%) INDUSTRIAL FLEX DFW AIRPORT 7.2% $5.77 $10.66 EAST DALLAS 4.6% $3.95 $17.66 NORTHEAST DALLAS 5.7% $4.24 $8.09 NORTHWEST DALLAS 4.0% $4.29 $8.65 SOUTH DALLAS 15.8% $3.49 $8.00 SOUTH STEMMONS 4.1% $5.85 $12.21 GREAT SW/ARLINGTON 4.6% $3.81 $10.53 NORTH FORT WORTH 5.8% $3.89 $12.50 SOUTH FORT WORTH 3.7% $4.18 $7.14 MARKET TOTALS 6.0% $4.30 $10.36 1 2 3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 7 27 28 29 30 31 32 33 34 NORTH FORT WORTH NORTHWEST DALLAS DFW AIRPORT EAST DALLAS SOUTH DALLAS SOUTH FORT WORTH GREAT SOUTHWEST/ ARLINGTON NORTHEAST DALLAS SOUTH STEMMONS COMMERCIAL REAL ESTATE | INDUSTRIAL CLUSTERS MAJOR INDUSTRIAL BUILDING/PARK AVERAGE ASKING LEASE RATE SOURCE: CBRE Industrial Real Estate Market Report, 2018 Q4 137

A LOGISTICS, DISTRIBUTION, AND MANUFACTURING HUB · 2020. 6. 26. · Garland, Grand Prairie, and Coppell; and > Along the Interstate 35E corridor between Dallas and Lewisville. The

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Page 1: A LOGISTICS, DISTRIBUTION, AND MANUFACTURING HUB · 2020. 6. 26. · Garland, Grand Prairie, and Coppell; and > Along the Interstate 35E corridor between Dallas and Lewisville. The

D A L L A S ECONOMIC DEVELOPMENT G U I D E 2 0 1 91 3 6

INDUSTRIAL CLUSTERSIndustrial space is distributed throughout the Dallas–Fort Worth region with concentrations in:

> Fort Worth’s AllianceTexas;> Surrounding Dallas Fort Worth

International Airport;> In the southern part of Dallas County,

along Interstate 20 and U.S. Highway 67;> In suburbs including Arlington,

Garland, Grand Prairie, and Coppell; and> Along the Interstate 35E corridor

between Dallas and Lewisville.The industrial space market has

strengthened over the past couple years, with signifi cant new developments throughout the region. CBRE reports that total industrial space under construction throughout the area topped 26 million square feet. The majority of that construction is taking place in Southern Dallas County, Great Southwest/Arlington, and the North Fort Worth market. Observers credit the strength of the regional economy, as well as low taxes and labor costs, for sustaining DFW as a desirable market for real estate investment.

DFW INDUSTRIAL SPACE:A LOGISTICS, DISTRIBUTION, AND MANUFACTURING HUBDallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short- and long-haul truck transportation.

1 Alliance Texas

2 Arlington South Industrial Park

3 Austin Ranch Distribution Center

4 Carter Industrial Park

5 CentrePort Business Park

6 DFW Trade Center

7 Ennis Industrial Rail Park

8 Fossil Creek Business Park

9 Frankford Trade Center

10 Freeport North

11 Grand Lakes Distribution Center

12 Great Southwest Industrial Park

13 International Commerce Park

14 Lakeside Trade Center

15 Majestic Aiport Center DFW

16 Mercantile Center

17 Mountain Creek Business Center

18 Northlake Business Center

19 Pinnacle Industrial Center

20 Point West

21 PointSouth Logistics & Commerce Centre

22 ProLogis Park 20/35

23 Railhead Industrial Park

24 RailPort Industrial Park

25 RiverPark Business Park

26 Sentry Industrial Park

27 Skyline Business Park

28 Southfi eld Park 35

29 Stellar Way Business Park

30 Stoneridge Business Park

31 Turnpike Distribution Center

32 Valwood Business Park

33 Waters Ridge Business Park

34 Westport @ Alliance

L ARGES T INDUS T RIAL PARKS 1

2

3

4

5

6

8

9

10

1112

13

1415

16

17

18

19

20

2122

23

24

25

26

7

27

28

29

30

31

32

33

34

NORTHFORT WORTH

NORTHWESTDALLAS

DFWAIRPORT

EASTDALLAS

SOUTHDALLAS

SOUTHFORT WORTH GREAT SOUTHWEST/

ARLINGTON

NORTHEASTDALLAS

SOUTHSTEMMONS

SOURCE: Dallas Business Journal, DRC Research 2 0 1 9 D A L L A S ECONOMIC DEVELOPMENT G U I D E 1 3 7

MARK E T VIEW

MARKET TOTAL VACANCY RATE (%) INDUSTRIAL FLEX

DFW AIRPORT 7.2% $5.77 $10.66

EAST DALLAS 4.6% $3.95 $17.66

NORTHEAST DALLAS 5.7% $4.24 $8.09

NORTHWEST DALLAS 4.0% $4.29 $8.65

SOUTH DALLAS 15.8% $3.49 $8.00

SOUTH STEMMONS 4.1% $5.85 $12.21

GREAT SW/ARLINGTON 4.6% $3.81 $10.53

NORTH FORT WORTH 5.8% $3.89 $12.50

SOUTH FORT WORTH 3.7% $4.18 $7.14

MARKET TOTALS 6.0% $4.30 $10.36

1

2

3

4

5

6

8

9

10

1112

13

1415

16

17

18

19

20

2122

23

24

25

26

7

27

28

29

30

31

32

33

34

NORTHFORT WORTH

NORTHWESTDALLAS

DFWAIRPORT

EASTDALLAS

SOUTHDALLAS

SOUTHFORT WORTH GREAT SOUTHWEST/

ARLINGTON

NORTHEASTDALLAS

SOUTHSTEMMONS

COMM

ERCIAL REAL ESTATE | 

INDUSTRIAL CLUSTERS

MAJOR INDUSTRIAL BUILDING/PARK

AVERAGE ASKING LEASE RATE

SOURCE: CBRE Industrial Real Estate Market Report, 2018 Q4 1 3 7