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Industrial Tenants Stage Spring Leasing Surge

Tenants Capitalize on Abundance of Vacant, Newly Built Distribution Space To Upgrade Facilities

In April, Frito-Lay leased 515,000 square feet at Prologis Mountain Creek, a Dallas distribution center completed in 2023. (Elon Walton/CoStar)
In April, Frito-Lay leased 515,000 square feet at Prologis Mountain Creek, a Dallas distribution center completed in 2023. (Elon Walton/CoStar)

Concerns over the effects of inflation and higher interest rates on consumer spending remain widespread but are no longer causing industrial tenants to pull back on lease transactions as happened last year.

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