SRS Industrial

As we gather around tables filled with gratitude, we're reminded of what truly matters - the incredible partnerships we've built with amazing clients like you. Your trust in us has made this year extraordinary. Wishing you and your loved ones a Thanksgiving overflowing with warmth, laughter, and cherished memories. May this season bring you well-deserved moments of joy and relaxation. From our family to yours - Happy Thanksgiving! #Thanksgiving #Gratitude #ThankfulForYou

Why Investors Are Flocking to DFW’s $126/SF Industrial Market! As of the third quarter of 2024, the Dallas-Fort Worth (DFW) industrial market has led the nation with over $3.3 billion in sales, surpassing the Bay Area. This surge is attributed to a year-over-year rent growth of more than 8%, with average rents reaching $6.11 per square foot. Investors are capitalizing on the region's competitive pricing, acquiring properties at an average of $126 per square foot, slightly below the national average of $130 per square foot. Notably, DFW's industrial sector has expanded with over 15 million square feet under development, positioning it second in the U.S. behind Phoenix. Despite a vacancy rate of 7.5%, which is above the national average of 7%, the market remains robust, driven by strategic acquisitions and proximity to key transportation infrastructure. Source: Bisnow ▶ https://lnkd.in/gjDbhEha What do you think this means for DFW’s future? Are we on the brink of an even bigger industrial boom? Share your thoughts 👇 __________ SRS Industrial Senior Vice President: Joseph Cooper #SRSIndutrial #DFWRealEstate #IndustrialBoom #DFWInvestments #RealEstateTrends #DFWIndustrial

Great Southwest Sees Gains Amid Tightening Supply Vacancy dropped nearly 3% to 7.3% in Q3 as new leases reduced available space. Average rents surged by over 5%, reaching $9.52/SF, and average sale prices rose to $112/SF. Projections suggest a stabilized rent trend as inventory constraints continue. 📊 Interested in insights on demand impact in Q4? Follow our page for the next market update! Do you see tight supply sustaining rental growth in the long term? Why or why not? Contact our expert: Joseph Cooper at| 214.764.3603 or joseph.cooper@srsre.com #SRSIndustrial #IndustrialRealEstate #GSWSubmarket #DallasCRE #CRETrends #Q32024 #DFWMarket SRS Real Estate Partners SRS Capital Markets

Commercial Property Borrowing Soars: Is This the Start of a Lending Renaissance?  In Q3 2024, commercial property borrowing surged by 44% from the previous quarter and 59% year-over-year, spurred by a temporary dip in long-term interest rates. This marks the highest single-asset CMBS activity of the year, highlighting strong demand across healthcare (up 191%), retail (56%), and multifamily (53%) sectors. While industrial loans grew 21%, hotel lending declined 25%, reflecting sector-specific shifts.  Locally, Atlanta continues to see robust multifamily and retail financing, fueled by population growth and stable rental demand, despite rising borrowing costs. Source: CoStar News ▶ https://lnkd.in/gY4X3YsF What’s your take on these trends? Could this uptick redefine lending dynamics for 2025?   __________ SRS Industrial Managing Principal: Chip Watson SRS Industrial Senior Associate: Olivia Diaz 📈 #SRSIndutrial #CREFinance #RealEstateTrends #MarketInsights #LendingSurge #InvestSmart

Redbird Airport Maintains Stability Amid Vacancy Decline Redbird’s Q3 vacancy rate edged down to 6.7%, with rents steady at $7.09/SF. Despite stable sale prices, the submarket saw two major transactions, underscoring sustained interest in this area. Expect rent and sales price stability into 2025 as market conditions remain firm. 📉 Curious about Redbird’s performance in Q4? Don’t miss our next report! Do you think Redbird’s stability will attract more investment? Let us know! Contact our expert: Jimmy Holcomb at 214.560.3275 or jimmy.holcomb@srsre.com #SRSIndustrial #RedbirdAirport #DallasCRE #IndustrialInvesting #Q32024 #RealEstateMarket #CREUpdates SRS Real Estate Partners SRS Capital Markets

Atlanta's Industrial Real Estate Soars Past Office and Retail Values  For the first time in over 40 years, industrial properties in Atlanta have surpassed office and retail in total market value, reaching $93 billion. This growth is fueled by surging rent increases—doubling in the last decade—and a record-breaking wave of new construction. Compared to declining office valuations (down 18% since 2022), industrial properties stand resilient despite rising cap rates. With Atlanta's population growth and strategic Sun Belt location, the industrial sector cements its place as a top real estate contender, trailing only multifamily assets.  Source: CoStar News ▶ https://lnkd.in/gHgjBM5P  What do you think is driving this shift? Share your thoughts below! __________ SRS Industrial Managing Principal: Chip Watson 📈 #SRSIndustrial #AtlantaRealEstate #IndustrialGrowth #CRETrends #MarketInsights #PopulationBoom

Eastern Lonestar’s Resilience: Rents & Vacancy on the Rise Q3 saw a 2.5% rent increase, bringing the average to $7.82/SF, alongside a vacancy rate rise to 11.9%. The area’s growing availability of quality industrial space supports strong absorption, with 607,000 SF filled this quarter alone. Expect vacancy rates to moderate in Q4 as demand stabilizes. 📈 Will vacancy levels shift downward next quarter? Catch our Q4 forecast! What strategies do you think would stabilize vacancy rates in this submarket? Contact our expert: Jimmy Holcomb at 214.560.3275 or jimmy.holcomb@srsre.com #SRSIndustrial #CRE #DallasIndustrial #EasternLonestar #MarketUpdate #Q32024 #RealEstateInsights SRS Real Estate Partners SRS Capital Markets

The ONE City Crushing Silicon Valley CEO of $3B unicorn prefers Dallas over Silicon Valley for 3 reasons:   Historically, startups in the San Francisco Bay Area would get valuations five times higher than startups elsewhere. WHY? Michael Fey, owner of Island Technology Ltd., tells us why Dallas is the place to be: 1. Recruiting – Post COVID, it became a challenge to recruit or convince people to live in the Valley, but Fey has a 100% success rate moving people to Dallas. 2. Dallas-Fort Worth continues to emerge as a promising place for entrepreneurs to start up businesses and for venture capitalists to invest their money. • Fey has had more success in Dallas getting “strategic” investors or companies that invest in starts ups for more than just a financial return. 3. Dallas has a wealth of talent because of the explosive population growth and local universities. • Fey also doesn’t have to compete as often with other startups for engineering talent like he would in the Valley. Source: Dallas Business Journal ▶ https://lnkd.in/gnnbDkHY __________ SRS Industrial Vice President/Market Leader: Shannon Johnston #DallasTechBoom #DFWTech #SiliconValleyExodus #TechMigration

Friday Fire 🔥 Excited to share another successful cross-market collaboration! Brant Landry, SIOR, CCIM and Joseph Cooper (Dallas) partnered with Wayne Schuchts, Andrew Lehrer and Michael Palmer, SIOR, CCIM (Florida) to help Goodman Air Conditioning & Heating evaluate the market and ultimately renew their lease. This seamless coordination between our Dallas and Florida teams exemplifies how our nationwide network delivers optimal solutions for our clients, wherever their needs take them. #IndustrialRealEstate #CRE #ClientSuccess #FloridaCRE

SW Dallas Vacancy Drops as Demand Pushes Rents Higher Vacancy fell sharply to 12.3%, driving rents up by 1.6% to $8.93/SF. As leasing activity remains strong, further vacancy decreases are likely, even with new space coming online in 2025. Will SW Dallas remain a tenant-favored market, or is a shift expected? Share your thoughts! Contact our expert: Jimmy Holcomb 214.560.3275 | jimmy.holcomb@srsre.com 📈 Stay tuned for insights on SW Dallas as we head into Q4! #DallasCRE #IndustrialSpace #SWDallas #MarketInsights #Q32024 #TenantTrends SRS Real Estate Partners SRS Capital Markets