Dallas Takes Second For Commercial Property Sales
Venture Commercial Real Estate Principal John Zikos says we saw $5.8 billion in sales volume for the first quarter of this year—and are well-positioned to take the top spot.
While 2020 was a rough year for almost everything including commercial property sales, it marked the first time that the Dallas market led the nation in annual commercial property sales passing both New York and Los Angeles in total sales volume.
Industrial and multifamily led the way, along with some portfolio sales propelling the market to more than $19.7 billion in commercial sales per Real Capital Analytics. The Dallas market has been moving up the national ranks claiming the 3