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Hi Everyone!
As you must have already realized, the first quarter of 2023 can be summed up in one word: “Frozen”!
The beginning of Q2 has seen an increase in activity across most asset classes, and industrial saw a significant increase in activity as well.
We are keeping track of all Class A/B under 100KSF industrial and flex assets in the metro, and in our May 2023 DFW Industrial & Flex Active Listings Insights report, we found that with an average asking price of $219/SF, the properties stay on the market for about 190 days before selling (click the link to download the full insights report).
It’s important to note that over 60% of the properties currently under contract accepted the offer within the previous 30 days!
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