The Dallas area led the country in commercial property transactions in 2020, as many larger U.S. markets were hit harder by the COVID-19 pandemic.
More than $19.7 billion in commercial real estate deals were recorded in the local market, edging out Los Angeles at almost $19 billion, according to a report by Real Capital Analytics.
Dallas previously ranked third in the country among top markets in both 2019 and 2018.
Several large North Texas industrial building and apartment transactions pushed the area to the top of the New York-based research group’s annual report.
“Dallas was the leading U.S. market for