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Q4 2021 DFW Industrial Report

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DFW Industrial Market Ends with a Record Breaking Year

Key Takeaways

  • Absorption for the year set a record at 44.8 million square feet.
  • Construction is at an all-time high with over 59 million square
    feet currently in development. This is the 18th quarter in a row
    of construction levels surpassing 25 million square feet.
  • Vacancy levels are at 5.3%, marking only the 6th time in the past
    20 years being under 6%.

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Q4 2021 DFW Industrial Report

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Mike Otillio

Research Director


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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