All stars continue to stay aligned in the DFW area
All stars continue to stay aligned in the DFW area. As a result, the DFW Industrial market continues to thrive. With steady demand, strong rental rates and lack of land availability we are seeing record setting values being paid for institutional quality assets. The lack of land in key markets is creating a barrier to entry into the DFW Industrial market, which in turn has led the institutional investor to seek out existing Class A product.
We continue to see e-commerce driving some of the larger Industrial transactions. Amazon continues to challenge the likes of Wal-Mart as evidence of Wal-Mart‘s recent announcement of 450 employees being laid off at the company’s Bentonville, Arkansas headquarters.
Now on to the jewel of the Metroplex—the Texas Rangers clinched the AL West on the final day of the 2015 season. Their journey to the World Series will begin when they face the Toronto Blue Jays in a 5 game series, starting in Toronto on Thursday, October 8, 2015.