Texas and New York vie for top ranking in commercial property development market

9aa9be0f-2748-4ad1-82bf-43397048d59e.jpgArticle by @SteveBrownDMN and the Dallas Morning News

Texas is tops in the nation for warehouse construction.

And we are second nationally in both office and retail building, according to one of the country’s top commercial real estate groups.

The commercial property sector in Texas supports 387,609 jobs and contributes $23 billion to the state’s economy, according to a new report by the NAIOP Research Foundation.

Nationwide the commercial real estate business in 2015 supported more than 3 million jobs, the NAIOP report found. And the commercial property business last year contributed $450 billion to U.S. economy. Read More >