Written by Walter Bialas, of JLL
Recently, we highlighted that the drivers of our industrial market are continuing to keep a strong pace. One additional area that this is impacting is land pricing.
While differences exist in location, access, size of the site, and improvements – pricing has been going up. South Dallas, due to its emerging location, has recently seen rates hit $2.40 per square foot. This reflects an increase of 80% in three short years. By comparison, the established Greater Southwest / Arlington submarket is now coming in at $3.00 per square foot, or 25% above 2013. Read More >