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Q1 2022 DFW Industrial Report

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DFW Industrial Market to Gain Momentum in Upcoming Quarters

Key Takeaways


  • Absorption has gotten off to a slow start this year with only 2.9
    million. This will pick up as the year goes on as several large
    tenants are set to move in within the few quarters.
  • Construction is at an all-time high with over 72 million square
    feet currently in development. This is the 19th quarter in a row
    of construction levels surpassing 25 million square feet.
  • The overall vacancy rate increased slightly this quarter as over
    7.3 million square feet was added to the inventory.

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Q1 2022 DFW Industrial Report

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Related Experts

Mike Otillio

Research Director

Dallas

Mike Otillio is the Research Director  for Colliers International in Dallas, Texas. In this role Mike supports all of the brokers in the Dallas Office in all property types. His expertise is in gathering hard to get commercial real estate information and helping turn that information into commercial real estate knowledge for the brokers.

Mike has extensive experience in Commercial Mortgage Backed Securities and a Bloomberg terminal. Whether the project is related to building ownership information, company research, or Microsoft Excel and everything in between, Mike can help find the answers.

Mike’s knowledge of online commercial real estate tools and his natural tendency to always be on the lookout for better, improved tools make him great resource when it comes to searching for commercial real estate information.

Before working in commercial real estate, Mike worked for the Lafayette Economic Development Authority in Lafayette, Louisiana, starting first in the Research Department, and eventually becoming the Business Recruiter for Lafayette Parish (County). During his time in Economic Development, Mike worked towards receiving his certification in Economic Development through the University of Oklahoma’s Economic Development Institute. This education makes Mike a knowledgeable asset to the team when it comes to working with Economic Development agencies throughout the area. Mike also spent 4 years working in the research department at Mohr Partners.

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