Wednesday, April 29, 2015

D-FW is one of the top property investment markets for 2015

Investors surveyed by CBRE ranked D-FW as the second hottest property market in the country, tied with New York City.
Investors surveyed by CBRE ranked D-FW as the second hottest property market in the country, tied with New York City.
Dallas-Fort Worth as the second most attractive market in the country – behind only San Francisco and tied with New York, according to a new survey of real estate investors.
“While investors are sometimes hesitant about investing in Texas due to local tendencies to overbuild the market, Dallas-Fort Worth’s sustained economic and demographic growth is very hard to ignore,” according to the new report by commercial real estate firm CBRE.
Austin also made the top 10 investment market list in the poll of property investors taken in January and February.
Half of the investors surveyed said they plan to step up their real estate purchases of industrial, office and multifamily buildings this year.
“Dallas continues to bolster domestic and international interest as one of the most business-friendly environments in the United States,” said CBRE’s Josh McArtor. “From Fortune 500 corporations to startup companies, Dallas provides world-class infrastructure, no state income tax and a central time zone location to conduct a profitable enterprise.”
Steve Brown, The Dallas Morning