DFW Freeport/Coppell Commercial Real Estate Market
The submarket's central location in the metroplex and accessibility to D/FW Airport have fostered a groundswell of construction. Led by the emergence of the Cypress Waters master-planned mixed-use development, since 2016, DFW/Freeport/Coppell has added about 20 buildings or 2.7 million SF of new inventory. Companies like 7-Eleven, CoreLogic, Nokia, Signet Jewelers (Zales), and Brinker International have signed on, and even more office space is under construction and in planning.
Since so many of the new Cypress Waters office buildings were build-to-suits, vacancies have remained below the metro average in recent years despite significant supply additions. This trend should persist in the near term, as most of what is underway are already accounted for. Rent growth has slightly outpaced the metro average in recent quarters.
Property types are as follows:
Office 236 Buildings/15.4 MSF
Warehouse 490 Buildings/20.2 MSF
Medical 7 Buildings/174 KSF
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