The industrial real estate sector in D-FW posted a pretty solid second quarter, with vacancies creeping down and significant growth in the under-construction pipeline and leasing activity.
Partners Real Estate recently dropped its industrial report for Q2 2025. The CRE firm’s data shows that leasing activity jumped by 35.8% from Q1 2025 and 11% from Q2 2024, signaling some confidence on the part of tenants. Partners mentioned some notable leases that were signed, including Premier Care’s 205,000-square-foot deal with the Cooper Commerce Center in southern Arlington.
Deliveries saw a big quarter-to-quarter pop, reaching 6.8 million square feet for a 243% spike over Q1 2025. However, a year-over-year comparison shows a 52.3% decrease from Q2 2024. Still, the construction pipeline grew by 6.4 million square feet, bringing the region’s pending square footage total to just under 35 million square feet for a 22.4% quarterly bump and 34.4% year-over-year.
The Metroplex’s overall vacancy rate edged down quarter-to-quarter from 9.2% to 9.1% and year-over-year from 9.4%, placing D-FW in “neutral” territory where neither landlords nor tenants hold a clear negotiating advantage when it comes to leases, according to the report.
D-FW industrial real estate has been running pretty hot in recent years. A study by CommercialCafe found that the metro area had far and away the most projects under construction in the United States in terms of square footage earlier this summer. Yardi data from June showed about 30.3 million square feet in the pipeline. Compare that to runner-up Phoenix, which clocked only 17.4 million square feet that month…