Metroplex Gains 19% of Jobs Lost Since March
Hiring in Dallas-Fort Worth bounced back in May after two months of severe cuts driven by the coronavirus pandemic. The market added about 78,000 jobs from April to May, gaining about 19% of the 408,000 jobs lost since February.
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In this week’s episode, we discuss the continued opening of the economy as well as some fresh Dallas – Fort Worth market analytics for Office, Multi-family, Retail, and Industrial properties. We discuss when vacancies may peak and opportunities may reveal themselves as we proceed through this historic year of 2020. Please watch, listen, and share it with your friends. If you like what you see please, subscribe to our channel.
The commercial development space is showing signs of improvement just three months after the coronavirus pandemic threatened the entire industry, according to a new NAIOP survey.
The survey incorporates responses from 461 developers, building owners, managers, brokers, lenders and investors — all of whom reported a few more positives in the May market than when NAIOP last conducted its survey two months ago.
By Kerri-Panchuk, Bisnow Dallas Ft. Worth
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In this week’s podcast, we discuss positive signs we are beginning to see as the economy slowly opens up in stages. What residual impact will this have on the different categories of commercial real estate, for lease or for sale? We also talk about pending legislation in California that would allow qualifying tenants to cancel their lease agreements. Listen in for insights about these topics and more.
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In this session, we talk about the positive signs in commercial real estate as the economy opens up step-by-step. Construction is continuing, industrial and distribution properties are in demand, and even restaurants are beginning to open with restrictions. Listen in for some positive news.