A new report from Cushman & Wakefield of Texas Inc. found that industrial investment sales in the Dallas-Fort Worth area topped those in the rest of the nation during 2010, as the area sold about 16 million square feet of industrial space last year.
This is good news for anyone seeking sales employment opportunities in the area. The sales made last year should attract other companies to the area, which will in turn spike sales even further, while at the same time creating jobs and bettering the overall economy.
The top five cities for industrial investment sales during 2010 include:
- Dallas-Fort Worth, Texas - 16 million square feet
- Inland Empire, Calif. - 13 million square feet
- Chicago, Ill. - 9 million square feet
- Los Angeles, Calif. - 6 million square feet
- Atlanta, Ga. - 6 million square feet
This is all good news for the Fort Worth area, which has seen pretty good employment figures in recent months. During December, the area's unemployment rate dropped from 8.2 percent to 7.9 percent, which was below the national average at the time of 9.4 percent.
According to the U.S. Bureau of Labor Statistics, the Fort Worth-Arlington area employed a total of 858,300 workers during December, which is up from 857,600 workers during November and a 1 percent increase from the previous year.