Research

Sunbelt Logistics: Q3 2023.

Cap Rate Expansion Pauses

After 18 months of monetary tightening, cap rates in prime DFW and Atlanta industrial corridors have stabilized near 6.0%. For all-cash or low-leverage Gulf buyers, this presents the most attractive entry basis since 2019.

Market Avg Cap Rate Vacancy
Dallas-Fort Worth 6.1% 7.2%
Atlanta 6.3% 6.8%