Phoenix to Overtake Dallas-Fort Worth for New Industrial Construction
Dallas, TX, February 19, 2024-This year, Phoenix, Arizona will overtake Dallas-Fort Worth, Texas as the top spot for industrial construction, reports The Dallas Morning News.
Dallas-Fort Worth has 33 million square feet in the pipeline, while Phoenix has 42.5 million. However, North Texas’ pipeline is projected at 49 million square feet of projected industrial building construction.
Data was compiled by CommercialSearch, which ranks industrial space under construction.