DFW second-most attractive investment metro
DALLAS-FORT WORTH – North American investors listed DFW as the second-most desirable investment market for the third year in a row, behind only Los Angeles, according to CBRE’s 2019 Americas Investor Intentions Survey.
Houston tied for eighth on the list with Nashville, Tenn., and Chicago, down from fourth in 2018. Austin fell one spot from tenth in 2018 to 11th this year. It tied with Las Vegas and Toronto.
The survey shows that investors intend to remain active in commercial real estate markets this year, with 98 percent of respondents intending to make acquisitions.
There has been a pronounced shift toward greater caution as the share of investors planning to either maintain or increase spending in 2019 fell to 75 percent from 88 percent in 2018.
Industrial and logistics properties were cited by 39 percent of investors as the most attractive for investment, followed by multifamily (37 percent), office (10 percent), and retail (9 percent).
For more commercial real estate data, read the Real Estate Center’s Texas Quarterly Commercial Report.
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