The metropolitan area of Dallas has the fifth-largest GDP and fourth-largest population in the United States. The region’s sprawling population of 7.1 million represents a vast consumer market. The region’s economy is relatively strong. For the past 10 years, unemployment in Dallas has lagged national norms by a full percentage point.
Centrally located within the U.S.—and at the junction of three major interstate highways, I-20, I-35 and I-30—Dallas benefits from extensive road and rail transportation infrastructure facilitating easy access to the rest of Texas, the Southwest, the Midwest and Latin America. Dallas/Fort Worth International Airport is the ninth-largest handler of air cargo in the United States.
The Dallas-Fort Worth area serves as headquarters to 21 Fortune 500 companies. The city is a center of culture, sports, tourism and business. Dallas also has an impressive concentration of retail activity, which revolves around several massive malls, outlets and shopping districts.
Prologis operates numerous warehouses In Dallas, where the proportion of industrial stock larger than 400,000 square feet significantly exceeds the U.S. average.