Dallas, Austin Among Most Attractive U.S. Cities for InvestmentDallas, Austin Among Most Attractive U.S. Cities for Investmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=102092015-04-24T13:48:00Z2015-04-24T00:00:00Z

DALLAS (CBRE) – Half of all real estate investors in North America intend to increase their property acquisitions in 2015, with Dallas as the number two target in the country, tied with New York, according to the CBRE North America 2015 Investor Intentions Survey.

San Francisco remains the most attractive metro area for investment for the second year in a row. With sustained economic and demographic growth in Texas, CBRE said Dallas and sixth-ranked Austin were hard for investors to ignore.

"Dallas continues to bolster domestic and international interest as one of the most business-friendly environments in the United States," said Josh McArtor, executive vice president with CBRE’s Institutional Group in Dallas. "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."

Half of survey respondents said they expect their purchasing activity to increase in 2015. Among this group, approximately one-third plans to raise their investment volumes by 20 percent or more.

Dallas-Fort Worth-Arlington
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