Dallas-Fort Worth Growth, Phoenix Expansion, and Western US Industrial Market Trends
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Steve Hamoen

Dallas-Fort Worth Growth, Phoenix Expansion, and Western US Industrial Market Trends

E205 • Aug 3, 2025 • 5 mins

In this episode, Steve Hamoen provides an overview of the Dallas-Fort Worth industrial market, examining its growth, lease dynamics, vacancy rates, and inherent advantages. He then shifts focus to the Phoenix industrial market, discussing its expansion and emerging trends. The episode also explores the challenges and opportunities present in the broader Western US industrial sector. Steve wraps up with concluding remarks, offering a comprehensive analysis of the current state and future prospects of industrial real estate in these key regions.

Key Points

  • Industrial real estate in Dallas-Fort Worth experienced significant growth in the second quarter of 2025, with a notable increase in leasing activity and under-construction projects.
  • Phoenix remains a significant player in industrial development, but its current construction figures are less than half of what they were a year ago.
  • Factors like reshoring, nearshoring, and evolving supply chain dynamics are driving industrial development, despite challenges such as tariff impacts and potential tax credit cuts.
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