Dallas-Fort Worth is home to the third-largest industrial pipeline nationwide at 15.7 million square feet, representing 1.6% of the market’s current stock, according to a recent Commercial Search survey. It’s behind Phoenix and Savannah.

A series of deliveries in the first half of the year — buildings at the DFW Logistics Hub in Irving, Texas at around 1.6 million square feet, and Buildings 1 and 2 of Forney, Texas’ Gateway Crossing Logistics Park, at 1.5 million square feet, to name a few — in conjunction with a scarcity of new industrial projects brought the market’s pipeline down more than half from the 33.6 million square feet underway in January. 

Austin’s pipeline dropped from 18.2 million to 13.5 million over the span of half a year. 

The drop in Houston was more pronounced, from 12.5 million square feet in January (when it was the seventh-largest pipeline nationally), to just under 7 million square feet, now ranking only 18th nationwide.

Overall, the industrial supply under construction nationally dropped 19% in the first half of the year, from 463 million square feet in January to 376 million at the end of June.