DALLAS (Dallas Morning News) – Austin ranked fourth and Houston eighth out of more than 50 U.S. cities listed in the “Emerging Trends in Real Estate” report.
The annual commercial real estate forecast projects which cities will be the hottest prospects for commercial real estate investment opportunities.
Dallas-Fort Worth area ranked 12th. The area received high marks for offering stable housing prices and low business costs, but lost points because of its high office vacancy rates and the ease of building new projects.
However, DFW was second only to Los Angeles as one of the best places to buy industrial properties.