Dallas, Fort Worth Top ULI’s List of Best Investment Markets
Talent and economic diversity are the leading themes running through this year’s top cities in the latest Emerging Trends in Real Estate 2019 report issued by PwC US and the Urban Land Institute (ULI). Dallas/Fort Worth is back in the No. 1 spot due to its young workforce and high business start-up activity, while Brooklyn (2), Orlando (4) and Tampa (10) make the top 10 for the first time in the report’s 40-year history.
“The key word for real estate’s future performance is transformation – in technology, in generational choices, and in a reconfiguration of preferences related to geography and property types,” said ULI Global Chief Executive Officer W. Edward Walter. “The market shift, which will continue to play out over the next several years, is being fueled by consumers and tenants changing the way they shop and live, what they demand of their spaces, and by new technologies that will enable real estate to be more flexible and responsive to users’ needs.”
Investors find Brooklyn attractive for its urban, industrial appeal and the trend of finding a “last mile” for e-commerce delivery. Orlando and Tampa/St. Petersburg are in-demand as a result of demographic growth, friendly business climate and attractive cost structure. Raleigh-Durham (3), Nashville (5), Austin (6) and Boston (7) round out the list as investors follow the STEM (science, technology, engineering and math) jobs, projected to grow 73% faster than the broader job market through 2026, with annual wages more than double the average, in these tech-heavy markets.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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