November 15, 2016 Comments Off on Ten-X Advice to Texans: Sell Industrial Holdings Views: 241 Austin, Connect Classroom, Dallas-Fort Worth, Houston-Galveston, Texas News

Ten-X Advice to Texans: Sell Industrial Holdings

ten-xtopsellmarketsThough the industrial sector has been on fire, Ten-X’s recent “Industrial Sector Report” has named four Texas metros as “Top Sell Markets” when it comes to unloading industrial product.

Ten-X’s top sell market is Houston, mainly due to low oil prices and sluggish employment, while Dallas, which took the second spot, will be dealing with “a heavy supply pipeline and stalling vacancies,” the report said. In third place is Fort Worth, which also is dealing with supply issues, and San Antonio rounds it out as No. 5, once again, due to oil-related fallout.

The one, lone non-Texan top sell market was Suburban Maryland, in the fourth spot. Ten-X is forecasting negative absorption beginning in 2019 for this market.

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