Dallas is ranked seventh among the 30 largest US cities, based on the share of high-rise apartment buildings built in the last decade; between 2010 and 2018, 14% of new apartment complexes were high rise.
"With cap rates increasing ever so slightly for tenants such as AutoZone, O'Reilly's and Advance Auto, investors will be able to acquire investment grade credit at higher yields."
Transwestern reports that average asking rents for industrial space in New Jersey rose to $8.59-per-square-foot, marking the largest quarterly increase since the fourth quarter of 2018.
The Houston Q3 market showed plateauing office concessions, a record year of industrial deliveries, retail dominated by medical office facilities and multifamily exhibiting strong fundamentals, says a JLL report.