HOUSTON – Colliers International ranked Dallas-Fort Worth and Houston first and fourth, respectively, among U.S. metros for volume of industrial transactions in first quarter 2017.
First-quarter industrial transactions in DFW totaled $710 million, according to Colliers' Industrial Market Outlook. Industrial transactions totaled $569 million in Houston.
DFW also ranked third in net absorption (5.9 million sf).
Other MSAs ranking in the top five in transaction volume are San Jose ($700 million), Los Angeles ($658 million), and Northern New Jersey ($550 million).
In the report, Colliers said industrial was the only real estate sector to post year-over-year sales volume gains last quarter.
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