North Texas investment property sales slow in 1Q

​​DFW – The volume of investment property sales in North Texas fell by 17 percent from first quarter 2017, according to a report from Cushman & Wakefield.

The decline follows years of big gains in DFW real estate activity.

There were first quarter, year-over-year declines in almost every type of investment property sales, including suburban office building sales (down 58 percent) and retail property sales (down 35 percent).

Even with the drop in sales volume, the DF​W area ranked sixth nationally with almost $3.2 billion in deals.

In the last few years, North Texas has seen some huge investment property deals and there are currently fewer large trophy assets on the market.