April 12, 2017
The Dallas-Fort Worth and Houston metropolitan areas topped CBRE’s Top 10 list of cities that added warehouse square footage to their respective markets from 2010-2016. DFW was second on the list, adding 51.4 million during the time period, while Houston was sixth in line, adding 21.1 million. California’s Inland Empire took first place, adding a total of 66.9 million square feet over the six-year period.
The information was reported in CBRE’s “U.S. MarketFlash Measuring Up: Why Cubic Feet Matter” report, which not only focused on square footage, but also cubic feet. Specifically, the report noted that taller warehouses are becoming the norm, meaning greater clearance heights and overall better value for the occupier.
CBRE notes that measuring cubic footage, as opposed to square footage, could be the better method of studying warehouse and distribution-center space.
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