Texas Commercial Real Estate Looking Up
Austin ranked fourth, Houston ranked eighth and Dallas 12th out of more than 50 U.S. cities listed in the Price Waterhouse Coopers and Urban Land Institute’s report Emerging Trends in Real Estate 2011. This annual forecast identifies the nation’s hottest prospects for commercial real estate investment.
The report cited Austin as one of the nation’s “brainpower bastions,” and noted Houston’s “intellectual capital and talent in the global energy business.” Despite sagging retail and a soft real estate market, Dallas “remains an important intersection for global commerce,” with Dallas/Fort Worth International Airport tabbed as the area’s most important asset.
(Tracey Lamphere)
Top Commercial Real Estate
Markets for 2011
- Washington, D.C.
- New York
- San Francisco
- Austin
- Boston
- Seattle
- San Jose
- Houston
- Los Angeles
- San Diego
- Denver
- Dallas-Fort Worth
- North New Jersey
- Orange County, Calif.
- San Antonio
Source: Emerging Trends in Real Estate 2011, Price Waterhouse Coopers and the Urban Land Institute
