- Q4 2020 marked the 41st consecutive quarter of positive net absorption, culmination in five years of annual absorption surpassing 20 million sq. ft.
- Quarterly absorption totaled 8.3 million sq. ft., bringing the year-to-date absorption total to 23.2 million sq. ft. for the year.
- The market-wide vacancy rate was relatively flat over the quarter, contracting by 10 basis points (BPS) to 5.7%.
- The availability rate decreased slightly over the quarter by 14 basis points to 7.7%.
- Product under construction totaled 19.7 million sq. ft. and was 19.7% preleased.
- Delivered projects over the quarter totaled 5.5 million sq. ft. and were 15.3% preleased.
- Year-to-date deliveries totaled 24.2 million sq. ft.
- CBRE Research is tracking 10.7 million sq. ft. in active tenant requirements in Dallas/Fort Worth over 100K sq. ft. as of the end of the year.