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Move Aside, New York. Dallas-Fort Worth Is the New Property Sales Leader.

Coastal Gateway Markets Temporarily Dethroned as Sun Belt Cities Shine Brighter in Attracting Investor Interest

The Dallas-Fort Worth region led all major U.S. markets with overall commercial real estate transaction volume increasing 20% in the first half of 2021 to $13.4 billion. (Erik Carlson/CoStar)
The Dallas-Fort Worth region led all major U.S. markets with overall commercial real estate transaction volume increasing 20% in the first half of 2021 to $13.4 billion. (Erik Carlson/CoStar)

Even as the pandemic moves into a new phase of challenges including vaccine hesitancy and virus variants, sales of commercial real estate have largely recovered to levels seen before the pandemic struck. But the underlying dynamics of the market, such as work from home and increased e-commerce, have significantly altered the property investment picture since 2019, with changes at both the property type and market level.

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