Newmark：2025年第三季度达拉斯工业市场报告（英文版）

The market realized 4.2 MSF of positive absorption in the third quarter of 2025, with quarterly demand outpacing supply for just the second time since the beginning of 2023. Overall rental rates have declined by 2.5% from the historical high set in mid-2024 to $9.63/SF. Year over year growth also turned negative, declining by 2.2%, marking the first time since 2017 that annual rents have contracted. The construction pipeline increased by 4.3% quarter over quarter and totaled 34.5 MSF at the e