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The Dallas-Fort Worth industrial market continues to be one of the top performing markets in the U.S. from a demand standpoint. COVID-19, along with a surge in online shopping, has helped spur record demand for warehouse and distribution properties. Over recent years, both new supply and demand have topped over 20 million square feet per year, with the most recent quarters roughly double that average. High construction and demand levels have contributed to solid rental rate growth, with average industrial asking rates up about 7% over the past year.