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Texas border markets have seen industrial inventory grow by 18% over the past five years.
Nearly 545.1 million square feet of industrial space has been absorbed in the region since 2019.
The market is trying to absorb thousands of newly displaced families.
Class A and trophy buildings comprised more than three-fourths of the leases in 2024.
Interest rate volatility and trade policy shifts create uncertainty, but net lease activity is expected to pick up in 2025.
Notably absent from this latest list are high-profile buildings.
The projected slowdown comes as more supply enters the market.
A new Redfin report shows Gen Z homeownership rates have stagnated since 2022.
It has broken ground on a $2 billion biologics manufacturing facility in Wilson, N.C.