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Keeping up to date with our local market trends, Dallas and Austin are leading the Nation in people going back to the Office, with Houston slightly behind. 114 Companies have moved their headquarters from California to Texas from 2018 to June 2021. With, 41 of those companies being right here in North Texas, 57 went to Austin, Houston received 9 and San Antonio 6. The Dallas Ft. Worth Metropolitan ranks 4th in Data Centers in the Country. The latest quarterly report from Downtown Dallas Inc. predicts a healthy rebound for commercial space heading into 2022. And retailers and residents appear to be buying into that optimism, as evidenced by increased development, and leasing activity in the area.
As indicated by our reliable resources, the DFW Metroplex holds the #1 in the Multifamily market in the Nation, holding the number 4 position in U.S. Absorption. The market rental rates in Dallas overall have increased 20%, variances per class. Construction timelines increasing with delays in the supply chain, homes maintain an under-construction status. With limited inventory, single family homes have increased in rental rates leaving many tenants priced out of the market, fueling the increase in multifamily living. Multifamily occupancy is at 96.6% a record high for DFW, with vacancy rates averaging below 5%.
In this business, its imperative you have an expert who knows the local market, and specializes in the market type, a reliable resource to call upon with questions. We make sure you feel confident, and informed every step of the way.
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As a member of KW Commercial, we are pleased you are here. We specialize in Commercial Sales & Leasing, analyzing the current marketing trends to secure the best possible outcome that the market will allow on the largest investments of your lifetime. In this business, you need a professional asking the right questions, reviewing the numbers, and working with reliable sources to secure your investment in a commercial space. Although she is a resident of the Rockwall Heath area, she’ll be happy to assist you anywhere in the DFW Metroplex. Dallas/ Ft. Worth is one of the fastest growing areas in the nation and you are going to need a trusted professional who knows the area, the Commercial Industry and business trends, to position you with the best possible outcome. Put our expertise to work for you and put your mind at ease.
MVIDAURRI, MiCP
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