The Dallas area is on the list of the top commercial property markets. (David Woo/DMN)
Three major Texas cities are on the list of places commercial real estate execs say will be the best markets to develop properties in the year ahead.
Dallas-Fort Worth was number nine on the 10 ?Markets to Watch? list forecast released Wednesday by the Urban Land Institute and accounting firm PricewaterhouseCoopers International.
?Dallas-Fort Worth ranks behind only Houston as a job provider, and the Dallas-Fort Worth job base is one of the most diversified,? the annual ?Emerging Trends? report said. ?As long as energy prices hold up, Dallas maintains its edge.?
Along with D-FW, Austin and Houston, San Francisco, New York, San Jose, Boston, Seattle and Washington, D.C. also made the top 10 markets list for commercial real estate.
The forecast from a poll of commercial property market professionals, said that in 2013, ?U.S. property sectors and markets will register noticeably better prospects as compared with last year.?
As usual, the poll is heavily influenced by real estate players in the coastal markets.
And while Dallas gets acknowledgement for its strong economy, there are the usual cheap shots.
Big D?s commercial property market is criticized for its ?wide-open development landscape.? And the execs polled were quick to point out high downtown office vacancies (nevermind all those buildings in Uptown and Legacy business park that are full).
?Warehouses remain in a state of constant?oversupply,? the report says, which is flat wrong as anyone in the local industrial property market can tell you.
?
university of louisville louisville ky final four lotto winners mega ball winning numbers baltimore county current tv
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.