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Q3 2022 | Dallas-Fort Worth Industrial Market Report

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DFW Industrial Market Constuction is Booming

Key Takeaways


  • Construction activity, at 76.4 million square feet is the greatest amount ever recorded for a quarter.
  • The vacancy rate of 5.4%, still hovering near historically low levels. Big-Box vacancy rate is 6.8% while non-Big-Box is 4.9%, both of which are near their all-time lows.
  • Rental rates for all industrial product types increased by $0.75 compared to last year coming in at $5.64, an all-time high for DFW as well.

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Q3 2022 | Dallas-Fort Worth Industrial Market Report

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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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