On September 4, Bobby Weinberg of NorthMarq’s Dallas office spoke on the lenders and investors panel at InterFace DFW Industrial.
The panel, titled “Dallas Industrial Market Poised to Withstand Recession,” covered such topics as market evolution, tailwinds from e-commerce and direct-to-consumer models, and lenders’ increased appetite for the industrial properties.
Central to the panel’s discussion as to why the Dallas-Fort Worth (DFW) industrial market is likely to weather severe economic storms was the notion that the metroplex is simply a different market today than it was in the recent past.
“Even as recently as 2010, this was still considered a secondary market,” said Weinberg. “International investors and big pension funds that got crushed buying in Dallas in the ‘80s or ‘90s still view the market similarly, but it’s different. Yields are lower because more investors are targeting this market, but it’s really an exciting time to be positioned where we are in DFW.”