The Dallas/Fort Worth industrial market remained resilient in 2Q 2026, supported by strong leasing activity, positive net absorption, rising rental rates, and continued development activity. Vacancy declined year-over-year despite significant new supply deliveries, while year-to-date leasing volume surpassed 46 million SF, reinforcing Dallas-Fort Worth’s position as one of the nation’s most active industrial markets. Explore our full Dallas industrial market report for detailed trends, submarket performance, and investment insights.
Frequently Asked Questions
What is the industrial vacancy rate in Dallas/Fort Worth in 2Q 2026?
The Dallas/Fort Worth industrial vacancy rate was 8.8% in 2Q 2026, down 70 basis points from 9.5% in 2Q 2025, according to Kidder Mathews research. Availability, which includes space marketed for sublease or future occupancy in addition to vacant space, stood at 11.6%, up slightly from 11.5% a year earlier (Data source: CoStar).
How much industrial space was leased in Dallas/Fort Worth in 2Q 2026?
Tenants leased 24,073,546 SF of industrial space in Dallas/Fort Worth during 2Q 2026, according to Kidder Mathews research. Year-to-date leasing activity reached 46,480,412 SF, a 32.9% increase over the 34,965,260 SF leased through the same period in 2025.
What was net absorption in the Dallas/Fort Worth industrial market in 2Q 2026?
Net absorption, which measures the change in physically occupied space, totaled a positive 5,660,631 SF in Dallas/Fort Worth industrial during 2Q 2026. Year-to-date net absorption reached 16,206,584 SF, up 16.3% from 13,936,985 SF over the same period in 2025 (Data source: CoStar).
What are average industrial asking rents in Dallas/Fort Worth?
Average direct NNN asking rents across Dallas/Fort Worth industrial submarkets were $9.34 per SF per year in 2Q 2026, up 2.6% from $9.11 a year earlier, according to Kidder Mathews research. Submarket rents ranged from $5.84 per SF in South Dallas to $11.66 per SF in DFW Airport.
How much industrial space is under construction in Dallas/Fort Worth?
There was 35,850,181 SF of industrial space under construction in Dallas/Fort Worth as of 2Q 2026, up 23.0% from 29,147,430 SF a year earlier, according to Kidder Mathews research. Developers delivered 4,902,852 SF in 2Q 2026 alone and 11,117,949 SF year-to-date, a 21.2% increase over the same period in 2025.
What was the largest industrial lease signed in Dallas/Fort Worth in 2Q 2026?
The largest lease of 2Q 2026 was Amazon’s 1,075,544-SF new lease at Passport Park West 6 in the DFW Airport submarket, according to Kidder Mathews research. Other notable leases included Novolex’s 1,004,400-SF deal at 114 Logistics Park in North Ft Worth and RJW Logistics Group’s 904,495-SF lease at Forney Logistics Crossing in East Dallas.
How much industrial space sold in Dallas/Fort Worth in 2Q 2026?
Investors and users purchased 18,530,099 SF of industrial property in Dallas/Fort Worth during 2Q 2026 (Data source: CoStar). Year-to-date sales volume reached 30,554,598 SF, down 1.0% from 30,870,681 SF over the same period in 2025.
What is the outlook for the Dallas/Fort Worth industrial market?
The Dallas/Fort Worth industrial market enters the second half of 2026 with vacancy declining, rents rising, and leasing activity well ahead of last year’s pace, according to Kidder Mathews research. Continued positive net absorption alongside a still-sizable but moderating construction pipeline of 35.9 million SF suggests the market should keep tightening gradually.
Last updated: 2Q 2026. Data source: CoStar. Compiled by the Kidder Mathews Research Group.
2Q 2026 Dallas Industrial Market: Key Data Points
Explore our full Dallas industrial market review for deeper insights into leasing trends, sale activity, and submarket performance.
- Vacancy Rate Declined Year-Over-Year: Dallas-Fort Worth industrial vacancy decreased to 8.8% in 2Q 2026, down from 9.5% one year earlier.
- Leasing Activity Accelerated: Industrial leasing volume reached 46.5M SF year-to-date, a 32.9% increase compared with the same period in 2025.
- Positive Net Absorption Continues: The market recorded 16.2M SF of net absorption year-to-date, rising 16.3% year-over-year.
- Industrial Rents Increased: Average direct NNN asking rents climbed to $9.34 PSF, representing 2.6% annual growth.
- Development Pipeline Remains Active: There was 35.9M SF under construction across the metro, up 23.0% year-over-year.
- Construction Deliveries Expanded: Developers delivered 11.1M SF year-to-date, a 21.2% increase from the prior year.
Submarket Statistics
| Submarket | Total Inventory (SF) |
2Q26 Deliveries (SF) |
Under Construction (SF) |
Total Vacancy Rate |
Total Availability Rate |
2Q26 Total Net Absorption (SF) |
2Q26 Total Leasing Activity (SF) |
Direct NNN Asking Rents |
|---|---|---|---|---|---|---|---|---|
| DFW Airport | 99,663,073 | 0 | 2,592,338 | 9.5% | 10.3% | 1,596,330 | 2,587,551 | $11.66 |
| East Dallas | 71,383,027 | 375,833 | 1,909,916 | 10.9% | 11.1% | 36,620 | 2,045,508 | $10.25 |
| Great SW/Arlington | 128,665,408 | 782,574 | 2,188,956 | 7.8% | 11.3% | 1,331,242 | 2,660,550 | $8.47 |
| North Ft Worth | 149,194,484 | 1,044,278 | 10,589,424 | 7.9% | 14.8% | 826,937 | 4,320,060 | $8.50 |
| Northeast Dallas | 122,657,816 | 359,918 | 4,821,300 | 7.2% | 11.0% | 1,252,480 | 2,417,063 | $11.53 |
| Northwest Dallas | 134,770,964 | 463,085 | 3,242,311 | 11.3% | 13.5% | 598,776 | 2,309,682 | $11.37 |
| South Dallas | 159,529,299 | 93,034 | 3,846,777 | 7.0% | 8.3% | 572,490 | 4,250,421 | $5.84 |
| South Ft Worth | 113,347,713 | 1,784,130 | 6,191,914 | 10.1% | 13.2% | -721,689 | 2,143,830 | $8.33 |
| South Stemmons | 116,524,982 | 0 | 467,245 | 8.9% | 10.6% | 167,445 | 1,338,881 | $9.96 |
| Dallas/Fort Worth Totals | 1,095,736,766 | 4,902,852 | 35,850,181 | 8.8% | 11.6% | 5,660,631 | 24,073,546 | $9.34 |
Property Type Breakdown
| Property Type | Total Inventory (SF) |
2Q26 Deliveries (SF) |
Under Construction (SF) |
Total Vacancy Rate |
Total Availability Rate |
2Q26 Total Net Absorption (SF) |
2Q26 Total Leasing Activity (SF) |
Direct NNN Asking Rents |
|---|---|---|---|---|---|---|---|---|
| Warehouse/Distribution | 859,109,632 | 4,746,594 | 29,755,427 | 9.6% | 12.8% | 4,878,402 | 21,557,729 | $9.25 |
| Manufacturing | 110,237,471 | 0 | 259,000 | 3.1% | 3.5% | 928,184 | 699,511 | $7.07 |
| R&D/Flex | 91,525,229 | 69,338 | 1,111,406 | 6.8% | 7.9% | -381,974 | 927,805 | $12.83 |
| Other Industrial | 34,864,434 | 86,920 | 4,724,348 | 10.2% | 17.9% | 236,019 | 888,501 | $12.97 |
Building Size Breakdown
| Building Size | Total Inventory (SF) |
2Q26 Deliveries (SF) |
Under Construction (SF) |
Total Vacancy Rate |
Total Availability Rate |
2Q26 Total Net Absorption (SF) |
2Q26 Total Leasing Activity (SF) |
Direct NNN Asking Rents |
|---|---|---|---|---|---|---|---|---|
| Under 50,000 SF | 198,046,141 | 482,015 | 1,430,782 | 7.3% | 8.2% | 121,278 | 2,343,532 | $12.34 |
| 50,000 SF – 100,000 SF | 133,045,703 | 670,212 | 3,176,824 | 8.9% | 12.3% | 123,676 | 1,908,016 | $10.67 |
| 100,000 SF – 250,000 SF | 246,118,140 | 1,105,744 | 11,887,393 | 11.3% | 15.9% | 2,545,818 | 4,372,350 | $8.88 |
| 250,000 – 500,000 SF | 216,137,239 | 890,450 | 5,803,802 | 10.0% | 13.4% | 2,178,634 | 7,094,349 | $6.72 |
| 500,000 + SF | 302,389,543 | 1,754,431 | 13,551,380 | 6.7% | 8.7% | 691,225 | 8,355,299 | $5.97 |
Data as of 2Q 2026. Source: CoStar. Prepared by the Kidder Mathews Research Group.
Significant Lease Transactions 2Q 2026
| Property | Submarket | SF | Transaction Type | Tenant |
|---|---|---|---|---|
| Passport Park West 6 | DFW Airport | 1,075,544 | New Lease | Amazon |
| 114 Logistics Park | North Ft Worth | 1,004,400 | New Lease | Novolex |
| Forney Logistics Crossing | East Dallas | 904,495 | New Lease | RJW Logistics Group |
| 2101 FM 1173 | Northwest Dallas | 702,766 | New Lease | Western Partitions |
| Alto Pinto 45 | South Dallas | 586,889 | New Lease | DHL |
Significant Development Projects
| Property | Submarket | SF | Status | Delivery Date |
|---|---|---|---|---|
| 12100 S Freeway Service Rd | South Ft Worth | 1,051,346 | Warehouse/Distribution | May 2026 |
| Intermodal Logistics Center | North Ft Worth | 703,085 | Warehouse/Distribution | May 2026 |
| West Worth Commerce Center | South Ft Worth | 387,400 | Warehouse/Distribution | June 2026 |
| Saginaw Distribution Center | North Ft Worth | 321,193 | Warehouse/Distribution | April 2026 |
| Constellation Rock Island Logistics Center | Great SW/Arlington | 286,700 | Warehouse/Distribution | May 2026 |
Data as of 2Q 2026. Source: CoStar. Prepared by the Kidder Mathews Research Group.
ContactGARY BARAGONA |
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