Summary: "Dallas-Fort Worth has been at the top of investors’ lists for three consecutive years. Over 60% of respondents expect to purchase more real estate in 2024 than in 2023, compared with only 16% in 2023 versus 2022." "DFW’s trajectory is supported by the underlying fundamental of job growth." And that trajectory is headed toward Parker Co.
Latest Update: 09 April, 2024
Tags: #AreaGrowth
Dallas-Fort Worth continues to rule commercial real estate market, and Parker Co is part of Fort-Worth growth.
• Dallas-Fort Worth continues to rule commercial real estate market, Fort Worth Report, 06 April 2024, Excerpts
Dallas-Fort Worth continues to rule real estate investments in 2024. That’s the latest news from the U.S. Investor Intentions Survey from CBRE Research. Dallas-Fort Worth has been at the top of investors’ lists for three consecutive years. The area is followed by Miami, Raleigh, North Carolina, and Nashville, Tennessee, respectively, as the most preferred investment markets.
... investor sentiment has significantly improved, according to the survey. Over 60% of respondents expect to purchase more real estate in 2024 than in 2023, compared with only 16% in 2023 versus 2022.
The survey results showed investors favored multifamily real estate, particularly Class A properties, followed by industrial and logistics. Grocery-anchored centers are most favored by retail investors.
• The Market That Doesn’t Quit: DFW’s Top Commercial Real Estate Stories of 2023, D Magazine, 07 March 2024, Excerpts.
DFW’s trajectory is supported by the underlying fundamental of job growth; according to a RealPage analysis of U.S. Bureau of Labor Statistics data, Dallas-Plano-Irving was the only market in the country to gain more than 100,000 jobs in 2023, coming in just over at 101,000. Jobs, of course, attract people, which, in turn, boosts multifamily, retail, and other real estate sectors.
Dallas-Fort Worth is a bright light in commercial real estate, leading the nation in investment property sales, hotel development, office development, and more.
• DFW Retail Market Hits All-Time High Occupancy in 2023, Even Greater Potential in 2024, D Magazine, 16 January 2024
A new Weitzman survey provides an inside look at the trends and shifts in Dallas-Fort Worth's retail real estate landscape from 2023, plus a look ahead to 2024.
According to Weitzman’s 2023 Shopping Center Survey of DFW’s growing retail market, the region reached and surpassed its highest occupancy ever. Per the survey, the local retail market reached an all-time record high occupancy rate of 95.2 percent.
• Investors Eye Dallas-Fort Worth as Top Target for Commercial Real Estate Investment in 2023, CBRE Survey Finds, CBRE, 26 January 2023, Excerpt
DFW Retains #1 Spot Among 10 U.S. Metros, as High-Performing Secondary Markets Become Increasingly Favored by Investors and Lenders
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