DALLAS—The region's top experts will come together for RealShare Dallas on Sept. 1 to discuss the area's booming CRE market.
In “Town Hall: Trends from the Top,” the conference's final panel of the day, the current state of the market and its associated trends and issues will be discussed.
“The biggest issue I would say is the fear of overbuilding as well as construction costs seem to just continue to rise,” says panelist Bill Cawley, principal at Cawley Partners. “We are breaking records on absorption as well as rental rate increases. Rental rates are breaking new highs almost every quarter.”
The session's moderator, Brian O'Boyle Sr., founder and vice chairman of ARA, A Newmark Co., will steer the discussion. He concurs about the area's rising cost to do business.
“Developers' concern about potential affordable housing restriction on projects for rezoning, continued cost increase, developers continuing new ways to attract millennials with the right amenities…” O'Boyle offered, when asked about significant issues facing his firm's primary sector, multifamily.
Jeff D. Thornton, regional senior vice president-Texas for Duke Realty Corp., will be another panelist at the table.
Of note, he says, is the area's growing population and job market.
“[There's] lots of great developer talent in D/FW so the office and industrial markets are having no problem keeping up with demand,” he says.
To register for RealShare Dallas, click here.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.