Insight from Scott Jessen on the Dallas industrial market, thanks REDnews!

Scott Jessen, SIOR, CCIM recently spoke at a REDnews event where he shared his insight

on the Dallas industrial market. While it’s still one of the best markets in the country, interest

rates have impacted valuations, new deliverables have flooded the market and rental rate drops

are happening due to over building. But there is hope, demand is still at or above pre-pandemic

levels! Also, more than 450,000 people moved to North Texas since 2020 and Scott anticipates the

oversupply to be absorbed in the next 12-24 months. We’re headed in the right direction!

#TheBetterFit #IndustrialRealEstate #CRE

Share This Article

External Link Notice

These links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by Citadel Partners of any of the products, services or opinions of the corporation or organization or individual. Citadel Partners bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. Contact the external site for answers to questions regarding its content.

cmj here ...