Alliance’s Spec Activity Pushes Vacancy Above DFW Average

Transwestern recently acquired a 1.2 million-square-foot industrial property in the Alliance submarket.

FORT WORTH—The Northeast Tarrant County/Alliance submarket currently has 2 million square feet of industrial space under construction, according to market research from Transwestern Commercial Services. The high amount of speculative construction has pushed the overall vacancy rate above the Dallas-Fort Worth average, but a sharp uptick in fourth-quarter absorption shows an appetite for new construction.

To be sure, the Alliance submarket remains a top industrial submarket and recent acquisitions bear that out. Transwestern Investment Group recently acquired a 1.2 million-square-foot industrial property there from DHL Supply Chain on behalf of one of its separately managed accounts. The purchase price was undisclosed.