The following reflects Dallas/Fort Worth industrial market conditions as of Q3 2026.
The Dallas/Fort Worth industrial market in Q3 2026 experienced a decrease in vacancy, along with increases in net absorption, rental rates, and construction deliveries compared with a year earlier. Explore our full Dallas/Fort Worth industrial market report for deeper insights into leasing activity, construction, and submarket performance.
Frequently Asked Questions
What is the industrial vacancy rate in Dallas/Fort Worth in Q3 2026?
The total industrial vacancy rate in Dallas/Fort Worth was 8.0% in Q3 2026, according to Kidder Mathews research. That compares with 8.5% in Q2 2026 and 9.3% in Q3 2025, a year-over-year decrease of 130 basis points. (Data source: CoStar)
Which Dallas/Fort Worth industrial submarkets have the highest and lowest vacancy in Q3 2026?
South Dallas had the lowest total industrial vacancy rate at 5.6% in Q3 2026, followed by Northeast Dallas at 6.5% and North Fort Worth at 6.9%, according to Kidder Mathews research. South Fort Worth had the highest at 10.7%, followed by East Dallas at 10.4%. The market-wide total vacancy rate was 8.0%.
What is the industrial availability rate in Dallas/Fort Worth in Q3 2026?
The total industrial availability rate in Dallas/Fort Worth was 11.2% in Q3 2026, according to Kidder Mathews research. That is up from 11.1% in Q2 2026 and down from 11.6% in Q3 2025, a year-over-year decrease of 40 basis points. Northwest Dallas had the highest submarket availability rate at 14.2%, while South Dallas had the lowest at 8.1%.
What are average industrial asking rents in Dallas/Fort Worth in Q3 2026?
Direct NNN industrial asking rents in Dallas/Fort Worth averaged $9.59 per square foot per year in Q3 2026, up 2.6% year over year, according to Kidder Mathews research. Rents were $9.44 in Q2 2026 and $9.35 in Q3 2025. By submarket, asking rents ranged from $6.18 in South Dallas to $11.88 in DFW Airport.
How much industrial space was leased in Dallas/Fort Worth in Q3 2026?
Industrial leasing activity in Dallas/Fort Worth totaled 25,371,914 square feet in Q3 2026, according to Kidder Mathews research. Year-to-date leasing reached 71,043,420 square feet, up 32.3% from 53,710,670 square feet in the same period of 2025. North Fort Worth led all submarkets with 6,679,663 square feet of Q3 leasing activity.
What was industrial net absorption in Dallas/Fort Worth in Q3 2026?
Dallas/Fort Worth industrial net absorption was 14,698,775 square feet in Q3 2026, according to Kidder Mathews research. Net absorption measures the change in occupied space, so a positive figure means more space was taken by tenants than was vacated. Year-to-date net absorption totaled 32,395,032 square feet, up 59.0% from 20,378,243 square feet a year earlier, with North Fort Worth leading at 3,522,059 square feet in the quarter.
How much industrial space is under construction in Dallas/Fort Worth in Q3 2026?
There were 40,685,956 square feet of industrial space under construction in Dallas/Fort Worth in Q3 2026, up 34.6% year over year, according to Kidder Mathews research. The pipeline was 34,507,702 square feet in Q2 2026 and 30,220,109 square feet in Q3 2025. North Fort Worth had the most space under construction at 11,096,643 square feet, followed by Northwest Dallas at 5,964,106 square feet.
How much new industrial space was delivered in Dallas/Fort Worth in Q3 2026?
Dallas/Fort Worth industrial construction deliveries totaled 9,617,759 square feet in Q3 2026, according to Kidder Mathews research. Year-to-date deliveries reached 21,032,260 square feet, up 47.1% from 14,293,649 square feet in the same period of 2025. North Fort Worth (2,259,673 square feet) and South Fort Worth (2,171,531 square feet) recorded the most Q3 deliveries.
What were the largest industrial lease transactions in Dallas/Fort Worth in Q3 2026?
The largest Dallas/Fort Worth industrial lease in Q3 2026 was DSV’s new lease of 1,122,493 square feet at 1011 N Western Blvd in Northwest Dallas, according to Kidder Mathews research. PepsiCo leased 1,013,833 square feet at 950 N IH-45 in South Dallas, and Celestica leased 1,009,280 square feet at 15500 N Beach St in North Fort Worth. Google (826,620 square feet at 210 Sunridge Blvd, South Dallas) and Red Bull (619,393 square feet at 13950 Old Denton Rd, North Fort Worth) also signed new leases.
How much industrial space sold in Dallas/Fort Worth in Q3 2026?
Dallas/Fort Worth industrial sales totaled 26,378,232 square feet in Q3 2026, according to Kidder Mathews research. Year-to-date sold square footage was 56,775,636, essentially flat and down 0.4% from 56,985,619 square feet in the same period of 2025.
What are the industrial market trends in Dallas/Fort Worth in Q3 2026?
Year over year, Dallas/Fort Worth industrial vacancy decreased while net absorption, asking rents, and construction deliveries all increased, according to Kidder Mathews research. Total vacancy fell 130 basis points to 8.0%, net absorption rose 59.0% year to date, and direct NNN asking rents rose 2.6% to $9.59 per square foot per year. Space under construction grew 34.6% to 40,685,956 square feet.
Last updated: Q3 2026. Data source: CoStar. Compiled by the Kidder Mathews Research Group.
Q3 2026 Dallas/Fort Worth Industrial Market: Key Data Points
Explore our full Dallas/Fort Worth industrial market review for deeper insights into leasing trends, sale activity, and submarket performance.
- Vacancy: The total vacancy rate was 8.0% in Q3 2026, down from 8.5% in Q2 2026 and 9.3% in Q3 2025, a year-over-year decrease of 130 basis points.
- Availability: The total availability rate was 11.2%, compared with 11.1% in Q2 2026 and 11.6% in Q3 2025, a 40 basis point decrease year over year.
- Asking Rents: Direct NNN asking rents averaged $9.59 per square foot per year, up 2.6% year over year, with submarkets ranging from $6.18 in South Dallas to $11.88 in DFW Airport.
- Net Absorption: Net absorption was 14,698,775 square feet in Q3 2026 and 32,395,032 square feet year to date, up 59.0% from 20,378,243 square feet in 2025.
- Leasing Activity: Q3 leasing totaled 25,371,914 square feet and 71,043,420 square feet year to date, up 32.3% year over year. The largest lease was DSV’s 1,122,493 square feet at 1011 N Western Blvd.
- Construction: Space under construction reached 40,685,956 square feet, up 34.6% year over year. Q3 deliveries totaled 9,617,759 square feet, and year-to-date deliveries of 21,032,260 square feet were up 47.1%.
- Sales Activity: Sold square footage totaled 26,378,232 in Q3 2026 and 56,775,636 year to date, down 0.4% from 56,985,619 in the same period of 2025.
Submarket Statistics
| Submarket | Total Inventory (SF) |
SF Under Construction |
Total Vacancy Rate |
Total Availability Rate |
3Q26 Total Net Absorption (SF) |
YTD Total Net Absorption (SF) |
3Q26 Total Leasing Activity (SF) |
Direct NNN Asking Rent |
|---|---|---|---|---|---|---|---|---|
| DFW Airport | 101,333,093 | 2,135,343 | 9.0% | 11.3% | 1,895,036 | 4,139,867 | 1,830,753 | $11.88 |
| East Dallas | 71,429,344 | 3,766,815 | 10.4% | 11.0% | 479,243 | 3,856,130 | 2,241,261 | $10.33 |
| Great SW/Arlington | 128,532,857 | 2,342,980 | 7.2% | 11.5% | 776,764 | 1,940,400 | 2,187,212 | $8.82 |
| North Fort Worth | 152,046,374 | 11,096,643 | 6.9% | 13.2% | 3,522,059 | 7,734,069 | 6,679,663 | $8.69 |
| Northeast Dallas | 123,667,912 | 5,248,962 | 6.5% | 10.7% | 1,335,650 | 3,015,026 | 1,379,673 | $11.71 |
| Northwest Dallas | 134,486,470 | 5,964,106 | 9.8% | 14.2% | 1,593,544 | 3,101,662 | 2,508,944 | $11.81 |
| South Dallas | 161,161,205 | 5,327,776 | 5.6% | 8.1% | 2,369,849 | 7,333,847 | 2,479,811 | $6.18 |
| South Fort Worth | 115,113,409 | 3,986,718 | 10.7% | 11.4% | 1,526,941 | 712,838 | 4,642,987 | $8.55 |
| South Stemmons | 116,801,710 | 816,613 | 8.1% | 9.8% | 1,199,689 | 561,193 | 1,421,610 | $10.06 |
| Total | 1,104,572,374 | 40,685,956 | 8.0% | 11.2% | 14,698,775 | 32,395,032 | 25,371,914 | $9.59 |
| Property Type | Total Inventory (SF) |
SF Under Construction |
Total Vacancy Rate |
Total Availability Rate |
3Q26 Total Net Absorption (SF) |
YTD Total Net Absorption (SF) |
3Q26 Total Leasing Activity (SF) |
Direct NNN Asking Rent |
|---|---|---|---|---|---|---|---|---|
| Warehouse/Distribution | 867,710,040 | 32,579,945 | 8.7% | 12.2% | 14,431,182 | 31,652,879 | 22,491,485 | $9.32 |
| Manufacturing | 111,048,756 | 1,498,727 | 3.3% | 3.7% | -256,991 | 535,078 | 1,618,483 | $7.41 |
| R&D/Flex | 92,238,537 | 1,511,546 | 6.7% | 7.9% | 136,629 | -479,263 | 1,016,573 | $12.94 |
| Other Industrial | 33,575,041 | 5,095,738 | 9.3% | 21.2% | 387,955 | 686,338 | 245,373 | $13.23 |
| Building Size | Total Inventory (SF) |
SF Under Construction |
Total Vacancy Rate |
Total Availability Rate |
3Q26 Total Net Absorption (SF) |
YTD Total Net Absorption (SF) |
3Q26 Total Leasing Activity (SF) |
Direct NNN Asking Rent |
|---|---|---|---|---|---|---|---|---|
| Under 50,000 SF | 198,323,045 | 1,695,990 | 7.1% | 8.5% | 761,697 | -97,622 | 2,350,604 | $12.46 |
| 50,000 SF – 100,000 SF | 133,059,529 | 3,931,153 | 9.1% | 12.5% | -145,999 | -64,666 | 2,292,122 | $10.57 |
| 100,000 SF – 250,000 SF | 248,335,680 | 13,359,896 | 10.9% | 16.2% | 2,852,894 | 6,526,204 | 5,305,066 | $9.31 |
| 250,000 SF – 500,000 SF | 217,166,346 | 6,177,946 | 8.8% | 12.2% | 3,369,710 | 9,351,176 | 5,274,449 | $6.80 |
| 500,000+ SF | 307,687,774 | 15,520,971 | 5.1% | 7.7% | 7,860,473 | 16,679,940 | 10,149,673 | $6.68 |
Significant Lease Transactions Q3 2026
| Property | Submarket | SF | Transaction Type | Tenant |
|---|---|---|---|---|
| 1011 N Western Blvd | Northwest Dallas | 1,122,493 | New Lease | DSV |
| 950 N IH-45 | South Dallas | 1,013,833 | New Lease | PepsiCo |
| 15500 N Beach St | North Fort Worth | 1,009,280 | New Lease | Celestica |
| 210 Sunridge Blvd | South Dallas | 826,620 | New Lease | |
| 13950 Old Denton Rd | North Fort Worth | 619,393 | New Lease | Red Bull |
Significant Development Projects
| Property | Submarket | SF | Product Type | Delivery Date |
|---|---|---|---|---|
| 1221 W Industrial Blvd | South Fort Worth | 1,700,000 | Warehouse/Distribution | August 2026 |
| Intermodal Logistics Center | North Fort Worth | 1,250,000 | Warehouse/Distribution | September 2026 |
| Passport Park West 6 | DFW Airport | 1,075,544 | Warehouse/Distribution | July 2026 |
| Loloi Ennis Development | South Dallas | 1,000,000 | Warehouse/Distribution | August 2026 |
| Lewisville 121 Business Park Phase II | Northwest Dallas | 735,584 | Warehouse/Distribution | August 2026 |
Data as of Q3 2026. Source: CoStar. Prepared by the Kidder Mathews Research Group.
ContactGARY BARAGONA |
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