1/22/18 Dallas Mastermind Group Meeting

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At the January meeting of the Dallas Multi-Discipline Group, RPN members agreed that the hot CRE market in Dallas shows little signs of cooling off. Rick Medinis, president of NAI Robert Lynn’s industrial division did note that from his perspective, there is a “little [industrial] oversupply issue” in South Dallas, but that’s the company’s only worry in the entire market. If there is any downside to working in such a hot market, it’s that it’s taking much longer to close deals in DFW. Kimber Davison, a partner with construction law firm Griffith Davison & Shurtleff, noted that the delays may be a result of “pure work load … permitting authorities, designers … everyone is busier than they’ve ever been.”