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The Dallas/Fort Worth industrial market has placed its’ strength on full display as market fundamentals remained relatively well-positioned, seeing slight softening, despite a national recession and ongoing pandemic.
Second-quarter leasing activity totaled 11.2 million square feet (msf), a quarter-over-quarter decrease of 12.9% though it is only 14,660 square feet (sf) lower than the Q2 2019 total. FedEx signed the largest lease in Q2 2020, committing to 776,000 sf at 3800 Cedardale Road in the South Dallas submarket, third party logistics provider AmeriPac signed the second largest lease taking 401,000 sf at 951 Mustang Drive followed by Union Supply Group which took 314,000 sf at 2500 Regent Boulevard.