Warehousing in Dallas is still growing, and with it the demand for lumper and 3PL services.

Warehousing in Dallas is still growing, and with it the demand for lumper and 3PL services.

If you are looking for a way to gauge the status of manufacturing, ecommerce, and consumer products companies, look no further than the booming growth of warehouse space development in the Dallas area. These types of businesses are buying and leasing up warehouse space in the Dallas area at record rates in order to meet growing consumer demands. 2018 was a historic year for warehouse space in the North Texas area, and this trend is sure to continue in the coming years. Below, we are going to take a look at what is causing this astonishing growth in Dallas warehousing and why the trend will continue going forward.

A Shift in Consumer Demands

Without a doubt, ecommerce and consumer products firms are the major catalyst behind this boom in warehouse space in the Dallas area. Retail consumers simply aren’t shopping in stores anymore. Instead, they are heading online to major ecommerce companies like Amazon to make their purchases. With the simple click of a mouse, consumers can have anything delivered right to their doorstep in a matter of days. People expect their online orders to be shipped quickly and efficiently, which is part of the reason why warehouse space is in such high demand.

Market demand and investment activity for Dallas warehouses are at an all time high. We all know that online retail sales are exploding for major companies like Walmart, Amazon, and Wayfair. These companies require large warehouse spaces to house their physical products and handle the logistics of getting products to customers as quickly as possible. Just imagine the scale of successfully filling thousands of orders every day and making sure that distribution goes smoothly. This is a big reason why there is such a high demand for warehouse space in Dallas

It’s also important to note that significant residential development growth in the Dallas Fort-Worth area is another factor driving the demand for warehousing. It’s fairly simple logic, the fact that there are more and more people moving to the Dallas area means that the demand for large shipping and fulfillment centers for ecommerce centers is also rising.

A Strong Trend

Did you know that more warehouse and distribution space is being built in the Dallas area than any other market in the country in Q1 2019? The average prices of Dallas warehouses have increased by about 20% over the last year, which is a truly eye-catching statistic. Massive demand for warehouse space is driving this trend, which makes sense thanks to a shift in the way consumers are shopping.

Institutional investors, real estate investment trusts, private investors, and major corporations are leasing and buying warehouse space in the Dallas Fort-Worth area at record rates. This is a trend that will certainly continue thanks to the continued success of major ecommerce businesses and the residential growth in the area. Increased demands for warehouse space also means that the demand for Third-Party Logistics and lumper services is also increasing. If you are interested in exploring an array of warehouse support services, reach out to Costa Solutions today. Our team can help you maximize warehouse productivity, keep your operations running at full speed, and assist you with any loading and unloading tasks. You can end up saving tons of time and money by exploring 3PL and lumper services from a great company like Costa Solutions.