Strong absorption drives vacancy lower as rental rates continue to rise

The Dallas-Fort Worth industrial market continued to strengthen in Q3 2026 as robust tenant demand drove vacancy down 100 basis points (bps) from the previous quarter and 180 bps year over year to 8.3%. This improvement was supported by 13.6 million square feet (msf) of positive net absorption during Q3 2026 alone, bringing year-to-date absorption to 35.7 msf, more than double the 16.5 msf recorded during the same period last year. Major contributors to the robust net absorption included move-ins from Amazon, Western Partitions and Red Bull. The combination of declining vacancy and elevated absorption demonstrates how quickly recently leased space has translated into occupancy across the market.

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