Investors have long flocked to Texas when it comes to commercial real estate opportunities. Their investment dollars buy more property that in other markets around the country. At Casey Development Ltd, we’re the leading commercial real estate investment and development experts in Texas. Our expertise can help you identify which markets are best for your portfolio, and which are likely to yield high rate of returns. We’re in the business of helping investors answer the question of why they should invest in commercial real estate. In this post, we’ll examine 5 of the hottest commercial real estate markets in Texas.
3 Hottest Markets for Commercial Real Estate in Texas
The Hottest Commercial Real Estate Markets in Texas
Austin, Texas remains a booming center of economic and commercial real estate investment opportunity. Austin is considered to be the second best city in the nation, not just in Texas, for commercial real estate investors. Austin is one of the fastest growing cities in the United States, only out paced by large metropolises like Seattle, Atlanta, and Miami.
Austin, Texas boasts plentiful employment opportunities, a booming tech industry, and affordable cost of living. As an added benefit, the city is a leading innovator in green construction, making it popular among the sustainable real estate development builders and buyers crowd. Austin is also home to one of the largest universities in the country, University of Texas, which routinely produces top talent young professionals who put down roots in the Texas capital.
As if more proof was needed to show Austin is where commercial real estate investors should look, notable industry leaders are moving, or have already moved, headquarters to Austin. Facebook, Whole Foods, Dell, Apple, Home Depot, and General Motors all have regional headquarters in the city.
Casey Development Ltd. has been helping investors find the best commercial real estate investments in Austin, Texas for years. Contact us today to learn more how we can help you diversify your portfolio by investing in Austin commercial real estate.
Just behind Austin is Dallas, Texas when it comes to the best commercial real estate markets in the country, let alone within the great state of Texas. Even though the nation and the state of Texas dealt with COVID-19 during 2020, the Dallas area reported the most commercial real estate deals in the United States during that time.
For the last decade, Dallas has been a hotspot of commercial development opportunities; and it doesn’t show any signs of slowing down as we head into the next decade. Dallas is home to nearly 1.4 million full time residents, with a median age of 33 years old. This translates to near unmatched growth potential compared to anywhere else in the state.
Dallas, like Austin, is the beneficiary of an affordable cost of living, where investors’ dollars can be stretched further when compared to other markets in the country. Dallas remains a popular destination for investors and builders a like looking to create eco-friendly, or sustainable, real estate developments. Back in 2008, the city of Dallas passed a green building ordinance requiring new properties to be both energy and water efficient.
Dallas is a leading commercial real estate market because investors continue to see high rates of return on their investments. Check out our list of commercial real estate investment opportunities in Dallas.
San Antonio, Texas
Easily overshadowed by Dallas and Austin is the lovely city of San Antonio, Texas. San Antonio remains a leader in both industry and investment opportunities. It is a hub the U.S. Military, financial service companies, healthcare providers, and energy/petroleum companies. Add those factors to the lower than average cost of living, and San Antonio becomes a very attractive city for commercial real estate investors.
While San Antonio is a popular tourist destination being home to The Alamo and the famed Riverwalk, the city has a long history of steady commercial real estate growth within Texas. As an added bonus, properties for investment continue to be more affordable in San Antonio than in many other large markets in the United States.
Finding the right commercial property investment opportunities in San Antonio has never been easier thanks to the experts at Casey Development, Ltd., which is located in the heart of San Antonio.
Casey Development, Ltd. : Commercial Real Estate Development and Investors
Casey Development, Ltd. is situated perfectly to help investors enhance their investment portfolios with commercial real estate opportunities, multifamily developments, industrial real estate investments, and more in the Central Texas region. We cover Austin, San Antonio, San Marcos, and all along the I-35 corridor in Texas. Contact us today to learn more about our investment opportunities.