The Dallas‐Fort Worth metroplex will be considered for retail and industrial investment opportunities. Office will not be considered as the market is generally oversupplied with limited barriers to entry.
As a major midcontinent gateway, DFW’s strategic location results in strong industrial functionality. DFW benefits from expanded global shipping activity and ground transportation from Mexico. The growth of the Alliance Logistics Park, introduction of the Dallas Logistics Hub and multiple foreign trade zones has made this market a top choice for cargo connections. The target industrial product in DFW will be functional warehouse and distribution warehouses with good access to the areas five interstate highways.
DFW ranked as the fastest growing metro area in the U.S. during the 1990’s, averaging an increase of 120,000 people per year or 2.6% annually. Similar outstanding growth occurred between 2000 and 2010 as the area grew 27% overall or 2.4% per year. This, along with an unemployment rate well below the national average and increased consumption, makes DFW a prime market for retail investment. Retail opportunities will be filtered with an eye on visibility, traffic generation, demographic base and proximity to complementary tenants. Particular attention will be given to grocer or soft good anchored centers in overlooked submarkets including the mid‐cities and east Dallas.