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The Texas commercial real estate market has been described as “heating up like nowhere else.” Just recently, Yardi Systems named Dallas Fort-Worth one of the top office markets in the county, with close to 8M SF in the pipeline.
The excitement doesn’t end with the office market, however. Multifamily investment volume in DFW landed at $29.2B at the close of Q1, an increase of more than 200% year-over-year, making it the fourth consecutive quarter that the area has led the nation in multifamily investment.
Texas is the ninth-largest economy globally, and companies continue to flock to the state, thanks to its pro-business regulatory environment and access to talent. All of these numbers suggest that Texas is moving toward a bright CRE future, but what do they really mean? Can investors expect Texas’ stock to keep rising, or could there be an eventual decline? Will companies continue to choose Texas, or will another state emerge as a business powerhouse?
Bisnow has brought together the people best suited to answer these questions at the Texas CEO Summit on June 8. This event will take place at the famed AT&T Stadium, the home of the Dallas Cowboys, and draw CEOs and executives from many of the top development companies across the state and beyond. Click here to register.
Panel discussions will focus on what market movers are doing to capitalize on all the corporate relocation activity in Texas, which geographic and vertical markets are drawing attention across the state, what steps must be taken to create longevity when it comes to your employee retention, which asset classes and submarkets are cash cows, and more.
Speakers include:
— Larry Heard, CEO, Transwestern.
— David O’Reilly, CEO, The Howard Hughes Corp.
— Cindy Simpson, co-regional managing principal, Gensler.
— Mike Lafitte, Global CEO, CBRE Real Estate Investments, CEO, Trammell Crow.
— Mandy Austin, Dallas market president, Bank of Texas.
— Dan Hunt, president, FC Dallas.
Everything is bigger in Texas, and that includes the CRE opportunities. Don’t miss out on this unique chance to hear about what is to come for this booming market from the people who know best at Bisnow’s Texas CEO Summit on June 8. Register here.
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