Mesquite, Texas Industrial Listings
Est $74,776.52/mo
$0.52 SF/Mo
$6.24 SF/Yr
143,801 SF
Est $6,652.25/mo
$0.55 SF/Mo
$6.60 SF/Yr
12,095 SF
Est $85,961.15/mo
$0.55 SF/Mo
$6.60 SF/Yr
156,293 SF
Est $8,520.00/mo
$0.25 SF/Mo
$3.00 SF/Yr
34,080 SF
Est $8,434.56/mo
$0.44 SF/Mo
$5.25 SF/Yr
19,279 SF
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Mesquite, TX Warehouse Industry Market Report
The Mesquite, TX warehouse industry is booming—creating an exciting yet complex landscape for investors and business leaders. With its strategic location near major highways and thriving local economy, Mesquite has emerged as a key player in the industrial real estate market.
This blog will delve into recent developments, highlighting economic impacts, trends in design and technology, and more—offering a comprehensive overview of this dynamic sector.
As someone who has extensively studied market trends and economic development indicators in Mesquite’s commercial sectors over the past decade, I bring unique insights to this analysis.
Whether you’re an executive looking to expand operations or a project manager planning your next big move, you’ll find invaluable information that can guide your decisions here. Read on to uncover what makes Mesquite stand out!
(Photo Credit: Wikimedia)
Overview of Mesquite, TX Warehouse Industry
Mesquite’s warehouse sector benefits from a prime location near major highways like I-30 and I-635—making logistics seamless. The city offers diverse services which add to its allure for warehousing companies; nearby amenities include restaurants and shopping centers that enhance worker satisfaction.
Its well-connected infrastructure supports both local distribution needs and broader regional access. This connectivity attracts key players looking to capitalize on efficient transportation routes, driving business growth rapidly within the area.
Mesquite, Texas Warehouse Market Overview:
Total Buildings: 214
Inventory: 28,431,541 sq ft
Direct Vacant: 3,417,015 sq ft
Overall Vacant: 3,679,178 sq ft
Direct Vacancy Rate: 12.0%
Overall Vacancy Rate: 12.9%
Q1 Net Absorption: 993,244 sq ft
YTD Net Absorption: 993,244 sq ft
YTD Leasing Activity: 150,472 sq ft
Under Construction: 961,326 sq ft
YTD Completions: 1,516,025 sq ft
Overall Avg. Asking Rent Per Year: $5.88/sq ft / year
Overall Avg. Asking Rent Per Month: $0.49/sq ft / month
Direct Avg. Asking Rent Per Year: $6.70/sq ft / year
Direct Avg. Asking Rent Per Month: $0.56/sq ft / year
Recent Developments and Expansions
New warehouses are popping up all over Mesquite. Capstar Real Estate Advisors recently announced a major project. This will add 500,000 square feet of warehouse space to the city by mid-2023.
Canadian Solar has also started building a large solar-powered facility nearby.
Economic indicators show positive trends too. Employment rates have increased as businesses expand their operations here. More companies are choosing Mesquite for its prime location near highways and airports.
Economic Impact on Mesquite
Economic growth in Mesquite has flourished due to the warehouse industry. Many businesses now choose this strategic location with its well-connected highways and airports. Properties have average prices, making them accessible for both large and small enterprises.
The employment rates in Mesquite reflect this business boom. New warehouse projects create jobs, attracting diverse workers from different age groups and income levels. This surge supports local shops, restaurants, and services, boosting the city’s overall economic health.
Future Projections and Market Growth
Mesquite’s warehouse market is expected to grow rapidly in the next few years. Experts say economic growth will drive this expansion, with new businesses looking for space. E-commerce is increasing demand for warehouses, adding pressure on current facilities.
Historical data shows a steady rise in sales and leasing of industrial spaces. With employment rates climbing and business growth strong, Mesquite appears ready for more development.
As a result, many key players are investing heavily, creating further opportunities for job creation and workforce development.
Analysis of Market Demand and Supply
Warehouse space in Mesquite, TX is hot right now! The city’s population grows steadily. This drives up the need for more storage facilities. E-commerce is booming, so businesses require big spaces to store their goods.
Prices are fair—it costs about $5 per square foot on average to rent a warehouse here. Vacancy rates remain low because many companies want to set up shop.
Big players like Amazon and FedEx have already moved in, showing confidence in Mesquite’s market potential. The local workforce supports this growth with steady employment rates across various industries.
With recent boosts in infrastructure and transportation, such as better roads and rail lines, it’s easier for goods to move quickly through the area. This makes Mesquite even more attractive for new warehouses looking to tap into D-FW real estate news trends.
Impact of E-commerce on Warehouse Needs
E-commerce growth changed warehouse needs in Mesquite, TX. More online shopping means more space is needed for storing and shipping goods. Companies have to process orders quickly, so they need bigger warehouses with better technology.
This trend has driven the demand for large distribution centers.
Zoning rules and local regulations also play a part in this change. They affect where new warehouses can be built and how big they can be. Permits are required before construction starts, which adds time and cost to projects.
These factors shape how businesses plan their warehouse needs today.
Government Policies and Incentives
The government offers tax breaks for new warehouse projects. These policies help attract businesses to Mesquite, TX. Local officials work with companies to make it easier to set up warehouses.
State-level incentives include grants for infrastructure improvements. These funds often go towards building roads and improving public services. State programs also provide job training credits, reducing hiring costs for employers.
Sustainability Initiatives in Warehousing
Sustainability is key in Mesquite’s warehouse industry. Proximity to major highways, public transportation, and airports helps reduce travel times and fuel usage. This cuts down on emissions, benefiting both the environment and operational costs.
Regulations in Mesquite are supportive of green initiatives. Warehouses can use solar panels on their rooftops due to favorable zoning laws. Quality of life metrics here also matter; good healthcare facilities mean healthier employees who can contribute more effectively to sustainability efforts within warehouses.
Commercial Real Estate Services in Mesquite, Texas
Over the past 12 months, the Dallas / Fort Worth market has added over 30 million square feet of industrial inventory. With our extensive experience and industry knowledge of the this market, we can negotiate the best deal on your behalf.