The DFW market still expects to absorb an additional expansion of more than 20,000 acres over the next 15 to 20 years, according to Younger Partners' Robert Grunnah.
The Traditional Transition of Underdeveloped Land as an Investment
If you haven’t visited, but have only heard of Terrell, Midlothian, Howe, Sanger, and Weatherford, you will soon, says Younger Partners exec Robert Grunnah.
By
Robert Grunnah
Published in
Commercial Real Estate
February 3, 2021
12:55 pm
Historically, undeveloped land has been a popular investment vehicle throughout the Dallas-Fort Worth real estate market.
Some of the DFW’s wealthiest families have concentrated solely on land investments for the proven long-term benefits. The tenured life term of prudent land investment, while vulnerable to the economic cycles, has been quite predictable in our market. Our active developer community has provided many land warehousers above-average returns for many years.
The extended analysis, as displayed on the “Younger Land Absorption Map” (revised December 2020), is principally based on extensive historical data collected utilizing over 150 years of market experience possessed by Younger associates, members of the NTLC, and reliable future projections from sources that have traditionally displayed accurate information.
2020 North Texas Land Absorption Report Reveals a Promising Future
DFW is well-positioned to absorb even a relatively strong readjustment and has emerged as a top-five national investment market, says veteran land broker Robert Grunnah.
By
Robert Grunnah
Published in
Commercial Real Estate
December 10, 2020
2:16 pm
As 2020 comes to a welcome end, the North Central Texas land market has seen significant influences modifying its prior three years of sales and absorption activity. To some surprise, the effects of COVID 19, an agonizing political competition, a profound market disruption in retail, entertainment, and hospi