Are you looking for warehouse space to rent in the Dallas, TX area right now? You might have a hard time getting your hands on it, because there are more and more companies renting the available space in the area. As of early March, the warehouse vacancy rate in Dallas and nearby Fort Worth sat at just under 6 percent, which is the lowest rate the area has experienced in decades.
During the first quarter of 2018, almost 4 million square feet of warehouse space was claimed by a number of large companies operating in and around Dallas. Companies like Tellworks Communications and Exel Logistics have snatched up a great deal of warehouse space that was previously unrented. The e-commerce boom that the entire country has experienced has had an especially profound impact on Dallas, and it doesn’t show any signs of stopping. More warehouse space is expected to be swallowed up in Dallas in the coming months.
The good news is that, while much of the available warehouse space is disappearing, there is more on the way. More than 19 million square feet of warehouse space is currently under construction. Moreover, while almost 50 percent of that space has already been claimed, there should be plenty of new space to go around for those companies who want to rent it and use it. As long as the demand remains high, there will also more than likely be more warehouse space going up in the near future.
If you run a company that’s having trouble finding the right warehouse space in Dallas, let Affiliated Warehouse Companies help. We specialize in finding warehouse space for those looking for it all across the country. Call us at 732-739-2323 today to hear about the warehouse opportunities that we have throughout the Dallas area.