DFW Infrastructure, Population Continue to Lure E-Commerce Users

With an established intermodal infrastructure, business-friendly policies and a growing population, Dallas-Fort Worth provides a favorable industrial logistics demand dynamic. As a result, industrial real estate has been one of the most resilient real estate sectors amid the COVID-19 crisis, buoyed by rising e-commerce demand, according to CBRE’s U.S. Real Estate Market Outlook 2021.

Year-over-year, e-commerce growth surged to 44.5% in second-quarter 2020, up from 14.8% in Q1 2020. This has placed pressure on retailers, wholesalers and third-party logistics companies to reach a growing consumer base while lowering transportation costs.

According to CBRE, approximately 8.2 million square feet of industrial space was absorbed in the Dallas-Fort Worth market during the first half of 2020 and marked the 39th consecutive quarter of DFW positive net absorption, following four years of absorption surpassing 20 million square feet.

Source: https://www.connect.media/dfw-infrastructure-population-continue-to-lure-e-commerce-users/

Beverly Barney

Beverly Barney started working for Digital Dzine in 2020. Beverly grew up in a small town in Western Oregon. But moved to Corvallis Oregon to attend college. Before joining Digital Dzine, Beverly worked as a freelance journalist for several radio stations. She covers business, politics and economy stories.