Did you know Alliance and South Dallas have seen more industrial space added since 2020 than most other metropolitan areas have in the last decade? This record-shattering construction cycle in DFW’s outfield might be coming to a close, as recent figures suggest developers are beginning to look inwards once again as price differences erode. Outfield activity peaked in early 2023, consisting of nearly 83% of all ongoing industrial construction at the time. Since then, the spread has been shrinking as developers move forward with plans to bring new space to key infield locations like D/FW Airport or the Eastern Lonestar Turnpike. Newly christened projects, like the Shady Grove Logistics Crossing in Grand Prairie, show an appetite for new infield industrial space returning to the market. The full article is available for CoStar subscribers at https://lnkd.in/gytYeRnw. #DFW #Industrial #CRE #Alliance #SouthDallas
Interesting! Cody Gibbs. Ross Perot Jr has a lot to do with the development and putting DFW on the map on a global scale!
Good to know! Cody Gibbs
A noteworthy development. Besides the erosion of price differences, what other factors do you see influencing this shift from outfield to infield development?