Volume of Self-Storage Deals in Texas Explodes

By Taylor Williams A number of economic, demographic and bureaucratic headwinds are propelling investment in self-storage properties across Texas, such that some brokerage firms are on pace to have record-breaking deal volumes in 2021. Last year, the outbreak of COVID-19 postponed the typical leasing season of late spring and early summer. Individuals and businesses grappled with economic uncertainty by tightening their purse strings. But by fall of last year, leasing and occupancy rates …

September 24, 2021Industrial, Market Reports, Self-Storage, Texas, Texas Market Reports

Taking its Toll: How the Pandemic Is Shifting Activity Along the Dallas North Tollway

By Greg Langston, principal, managing director, Avison Young The Dallas North Tollway (DNT) is a staple thoroughfare for Dallas Fort-Worth (DFW), connecting the metroplex’s urban core in Dallas to the thriving northern suburbs. Over the past 12 years, since the recovery from the Great Recession began, much of the market’s activity and energy has occurred along this tollway. Weighing the performance of assets in submarkets that connect to the DNT versus those that don’t, those in …

September 21, 2021Market Reports, Texas, Texas Market Reports

Dallas Multifamily Market Sets Pace for National Recovery

By Jon Krebbs, managing director, The Multifamily Group The COVID-19 crisis has certainly had a heavy impact on many sectors of the economy; however, the multifamily sector still has had a triumphant year. The Dallas apartment sector has maintained healthy occupancy in 2021, and the investment side of the market is picking up due to buyers having constrained capital during the height of the public health crisis in 2020.[caption id="attachment_299599" align="alignright" width="100"] Jon …

September 14, 2021Market Reports, Multifamily, Texas, Texas Market Reports

Dallas Office Market: Do We Need, Want or Have to Return?

By Cynthia Cowen, managing director, Cushman & Wakefield Throughout the past 18 months, there has been an ongoing discussion about returning to the office. Culturally, financially, production-wise — does it make sense to return? There is so much that goes into making these decisions, and there isn’t a simple yes or no answer. It might depend on the industry, the generational differences among employees, the job functions being performed and more. Baby boomers tend to be critical of …

September 7, 2021Market Reports, Office, Texas, Texas Market Reports

Supply of Capital Exceeds Available Deals in Texas

By Taylor Williams There is a pronounced imbalance between the amount of capital looking for placement in commercial real estate in Texas and the number of available deals on the market, making it a good time to be a borrower or seller. In addition to the time-tested fundamentals that have fueled growth in Texas over the last decade — exceptional job and population growth, corporate relocations, a low-regulation business environment — the state has seen elevated capital flows over the …

August 24, 2021Market Reports, Texas, Texas Market Reports

Austin Multifamily Market Continues Meteoric Rise as Investors Target Central Texas

By Andrew Dickson, managing director, Newmark Almost daily, Newmark’s Central Texas multifamily capital markets group speaks with investors looking to enter the Austin multifamily market. With headlines aplenty about corporate relocations to the city, investors are often looking to trade tax-burdensome environments for business-friendly ones like Texas. What is driving the interest, and what is it actually like buying multifamily assets in Central Texas today?[caption …

August 20, 2021Market Reports, Multifamily, Texas, Texas Market Reports

Austin’s Industrial Market Reaches New Heights — But Will It Stay There?

By Bob Mohr, chairman, Mohr Capital When people talk about Austin, they call it one of the best places in the country to live. They talk about the live music scene, the die-hard fans who flock to The University of Texas football games and the hills sprouting bluebonnets. They talk about Austin attracting California residents and companies during the pandemic, bolstering the city’s tech base and positioning it as a significant Silicon Valley rival. They talk about office demand and the …

August 16, 2021Industrial, Market Reports, Texas, Texas Market Reports

Three Trends That Are Influencing Commercial Real Estate Design in Austin

By Travis Albrecht, design director, AIA, Gensler Austin is bursting at the seams — just ask anyone who is currently trying to buy a home here. According to the latest U.S. Census Bureau figures, the city’s population has increased by 22 percent since 2010. The city will continue to grow and evolve, but people are attracted to its longstanding welcoming and laid-back culture. How does that translate into design and urban planning for this expanding, vibrant metropolis? Here are the major …

August 10, 2021Market Reports, Office, Texas, Texas Market Reports

How Multifamily Investors Can Find Success in the Competitive Dallas-Fort Worth Market

By Ryan Mueller and Mitch Faccio, vice presidents of acquisitions, MLG CapitalThere’s no end in sight for the rising competition among multifamily investors in the desirable Dallas-Fort Worth (DFW) market.These days, it’s common for a fully marketed multifamily property in the DFW metroplex to receive upwards of 50 offers during the first round of the sale process alone. This sheer competitiveness in acquisitions has forced sellers to pursue several rounds of bidding and buyers to …

July 30, 2021Acquisitions, Market Reports, Multifamily, Texas, Texas Market Reports

Return of Urban Renters Fuels Multifamily Demand in Houston

By Chris Curry and Todd Marix, senior managing directors of investment sales, BerkadiaThings are looking up in Houston, and that rings especially true for the city’s growing multifamily sector. In-migration, a rebounding labor market and a high concentration of Fortune 500 firms and talent have made the Bayou City an attractive place for investors and residents alike.Recently, a slowdown in deliveries of new apartments has coupled with strong demand to bring rent levels to historical …

July 27, 2021Market Reports, Multifamily, Texas, Texas Market Reports