Texas CRE Data: Deep Dive into Markets and Trends Across the State
Major CRE markets in Texas
As of March 2024, Biscred’s prospecting database includes information about 22,447 CRE companies that do business in Texas (19,628 that have headquarters there), and 131,088 CRE professionals in Texas. Biscred’s members can access details, including their industries (developers, contractors, designers, engineers, builders, etc.) and asset experience (office, industrial, healthcare, mixed use, and more).
Data provided by NAR Commercial Real Estate Report Q4 2023 (8)
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Examples of CRE Developers in Texas
Biscred’s database of CRE companies and professionals is updated continuously, and includes CRE developers of all sizes, including small developers with a single contact to global developers with hundreds of contacts. We’ve selected a few typical companies that our members find in the Biscred datasets.
Camden Property Trust
Camden Property Trust (3) is headquartered in Houston and has properties in 15 major metropolitan areas: Los Angeles and San Diego, California; Phoenix, Arizona; Denver, Colorado; Dallas, Austin and Houston, Texas; Nashville, Tenn.; D.C. Metro; Raleigh, North Carolina; Atlanta, Georgia; and Orlando, Tampa and Southeast Florida.
HQ: Houston
REIT, operator, developer
Multifamily, retail and office
196 contacts on Biscred
164 estimated properties in portfolio
15 major markets in 10 states
Notable projects:
Camden Pier District in St. Petersburg, Florida, with 358 apartment-style homes
Camden Gallery in Charlotte, N.C., with 323 apartment homes
Texas Medical Center apartments, with 3 apartment communities near the world’s largest medical complex
Billingsley Company
Founded in 1978, this Dallas-based company owns 5,776 acres in the Dallas-Fort Worth area, and they’ve developed more than 10 million square feet of commercial properties. (4)
HQ: Dallas
Real estate investment firm, operator and developer
Office, retail, industrial, land, multifamily and mixed-use
34 contacts for Billingsley Company on Biscred
42 projects in the Billingsley portfolio
Notable projects:
International Business Park in Dallas with 35 buildings that house 170 companies and 21,000 workers
Cypress Waters, a 1,000-acre master-planned community that includes over 8 million square feet of office space near the DFW airport
This is just an example of the valuable information Biscred offers for commercial real estate developers in the Lone Star State. Want to see more? Schedule a demo.
Examples of Texas CRE Operators
Barge Properties Management Company
Barge is a smaller CRE property management company that operates multi-family housing (31 apartment complexes in Pecos, Temple, Tyler, Wichita Falls and other Texas communities), as well as self-storage properties and an RV park. As is typical with property management companies, they handle all vendor relations, property maintenance and more. (5)
HQ: Temple, Texas
Operator
Multi-family, self-storage and student housing
10 contacts on Biscred
30+ properties under Barge’s management
Bradford Companies
Locally owned and operated, Bradford Companies’ portfolio includes over 20 million square feet of commercial real estate under leasing and management. (6)
HQ: Dallas
Property management, CRE broker, real estate investment firm, developer, operator, general contractor
Office, industrial, land, healthcare, and retail
25 contacts on Biscred
144 properties under Bradford’s management
Notable projects:
IBC Plaza in Dallas, an 8-story Class A office building in Dallas
One Legacy Circle, a 214,000+ square foot office building in Plano
This is just an example of the valuable information Biscred offers for people and businesses that operate commercial real estate in Texas. Is this the type of information you’re looking for to grow your business? Schedule a demo.
Metropolitan Area | Office Sq Ft | Multifamily Units | Retail Sq Ft | Industrial Sq Ft |
Abilene | 3,998,334 | 8,347 | 10,231,465 | 6,623,243 |
Amarillo | 8,412,151 | 15,614 | 16,968,763 | 15,896,813 |
Austin-Round Rock-Georgetown | 132,877,911 | 286,624 | 122,604,543 | 147,559,043 |
Beaumont-Port Arthur | 9,168,978 | 18,286 | 25,977,262 | 19,703,929 |
Corpus Christi | 12,435,380 | 31,821 | 29,258,691 | 29,785,593 |
Dallas-Fort Worth-Arlington | 421,517,294 | 851,980 | 467,233,039 | 1,146,506,315 |
El Paso | 25,453,454 | 46,733 | 54,092,826 | 74,935,513 |
Houston-The Woodlands-Sugar Land | 356,617,663 | 700,007 | 436,093,129 | 809,504,786 |
San Antonio-New Braunfels | 91,887,687 | 213,650 | 150,010,297 | 175,729,761 |
Sherman-Denison | 2,635,235 | 5,885 | 8,949,295 | 10,034,348 |
Wichita Falls | 2,977,080 | 6,334 | 9,873,195 | 8,102,892 |
Examples CRE Investors in Texas
Civitas Capital Group
Civitas is a real estate investment firm based in Dallas with asset experience in multifamily, office, hospitality and mixed-use CRE properties. They’re headquartered in Dallas but have team members all over the globe (members of the Civitas team speak 10 languages). In the past decade, according to the Civitas about page, they’ve completed 82 debt and equity transactions in CRE. (7)
HQ: Dallas
Real estate investment firm
Multifamily, office, hospitality and mixed use properties
27 contacts on Biscred
18 properties in their portfolio
Notable projects:
South Street Seaport in New York, NY
1414 Texas Downtown, a luxury apartment high rise in downtown Houston
This is just an example of how you can connect with CRE investors in Texas. Like what you see? Schedule a demo to get even more data.
Lincoln Property Group
As one of the largest real estate investment firms in Texas, Lincoln Property Group has asset experience in nearly every vertical on Biscred, with more than $25 billion in assets under management. Although Lincoln offers other services as well, they list investment as their primary business.
HQ: Dallas
30 locations in the United States and Europe
Real estate investment firm, operator, developer, property management, and consulting
Life sciences, government, industrial, mixed use, education, retail, office, multifamily, healthcare, entertainment facilities, and data centers
929 contacts on Biscred
1,200+ properties in their portfolio
Notable Texas projects:
Gates of Prosper, a shopping center with more than 250 acres in Prosper, Texas
The Rock at La Cantera, a mixed-use development with a sports training complex, research facilities and shops and restaurants
Connect with the biggest (smallest and in between) commercial real estate investors in Texas through Biscred.
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Additional Insights | Texas CRE Landscape
Texas Population Stats (9)
Population growth Q4 2023 (U.S. average was .4%)
Austin 2.9%
Dallas-Fort Worth 2.4%
Houston Metro 1.8%
Job growth Q4 2023 (U.S. average was 1.7%)
Austin 2.6%
Dallas-Fort Worth 2.8%
Houston Metro 2.1%
Share of workers teleworking (U.S. average was 17.9%)
Austin 28%
Dallas-Fort Worth 18.3%
Houston Metro 13%
Wage growth (U.S. average was 3.8%)
Austin 5.5%
Dallas-Fort Worth 2.5%
Austin Commercial Real Estate Market Overview
Austin and its surrounding areas is one of the hottest areas for CRE in the state, especially when it comes to demand for multifamily, retail and industrial properties. (8) According to a CBRE market analysis, vacancy rates for commercial real estate are at an all-time low in Austin, at 1.8%, and 80% of properties that are under construction are preleased. (10)
Austin is the capital of Texas, located in the central part of the state. This is one of the fastest growing areas in the state and country, and it is known for its vibrant music scene, technology industry, outdoor activities, and numerous lakes and parks. Austin’s biggest employers are technology companies, insurance, financial services, and teacher retirement services. (15) The population of Austin in 2024 is estimated at 967,351, and is growing at 0.11% annually. (16) Its population has increased by 0.44% since the most recent census, which recorded a population of 963,121 in 2020. The top employers in the area include Cisco Systems, Progressive, Charles Schwab, Teacher Retirement System of Texas, and Dell.
With Biscred, you can connect with 2,195 CRE companies and more than 54,300 CRE professionals in Austin, Texas.
Dallas Commercial Real Estate Market Overview
Dallas remains one of the fastest growing markets for CRE in the state. Its inventory increased by 13% between the first half of 2023 and the second, according to CBRE. (11) The NAR reports 12.8 GDP growth (higher than the U.S. average of 9.7% for Q4 of 2023. Demand for office space, retail and industrial tends to be higher than national average. (8)
Situated at the heart of Texas, the Dallas-Fort Worth area (AKA Dallas Metroplex), stands out for its vibrant economy and industrial landscape. This region, which includes the cities of Dallas, Frisco, Plano, Carrollton, Cedar Hill, Fort Worth, and several other suburbs. The area plays a pivotal role in bolstering the entire state's GDP and economy. Key sectors fueling the area's growth include transportation, financial services, insurance, real estate, healthcare, and manufacturing. (13) Its booming CRE scene is attributed to a robust economic framework, growing office-based professions, and cutting-edge developments in technology and biotechnology.
With a population surpassing 6.57 million in 2023, as per World Population Review, forecasts suggest an increase to more than 6.65 million by 2024. (14) Prominent employers in the Dallas Metroplex include industry giants like American Airlines, AT&T, Bank of America, JPMorgan Chase, Kroger, Lockheed Martin, and Texas Instruments.
With Biscred, you can connect with 3,100+ CRE companies and more than 53,700 professionals with locations in the Dallas area.
Houston Commercial Real Estate Market Overview
Houston is in southeast Texas near the Gulf of Mexico. It is the largest city in Texas. It's known as a major hub for the energy industry, diverse cultural offerings, and being home to NASA's Johnson Space Center. The Houston area's biggest employers are in real estate, engineering, construction, and hospitality. (17) Houston’s 2024 population is estimated at 2.25 million, and is declining at 0.51% annually. Its population has decreased by 2.03% since the most recent census, which recorded a population of 2.3 million in 2020. (18) The top employers in the area include CB&A Realtors, LJA Engineering, Camden Property Trust, Burns & McDonnell and Hilton Americas-Houston.
Houston’s vacancy rates have decreased from 24% in the first half of 2023 to 19.7% in the second half, according to CBRE. (12) Demand for office space, multifamily, retail and industrial space is stronger than nationwide. (8)
With Biscred, you can connect with 3,400+ CRE companies and more than 55,000 professionals with locations in the Houston area.
Sources Consulted
1 NAIOP, Economic Impacts of Commercial Real Estate (Texas state flier), 2024 Edition, published by the NAIOP Research Foundation, accessed 2024-03-20
2 NAIOP, Economic Impacts of CRE, 2024 U.S. Map, accessed 2024-03-20
3 Camden Living Excellence, 2022 Annual Report, accessed 2024-03-20
4 Billingsley Company, Master Planned Communities, accessed 2024-03-20
5 About Barge Properties, accessed 2024-03-20
6 Bradford Companies, Why Bradford, accessed 2024-03-20
7 Civitas, Who We Are, accessed 2024-03-20
8 National Association of Realtors, Commercial Real Estate Report Q4 2023, accessed 2024-03-20
9 The State of Texas Governor, Texas By The Numbers, revised 2024-February, accessed 2024-03-20
10 CBRE, North American Data Center Trends H2 2023, Austin/San Antonio, published 2024-03-06, accessed 2024-03-20
11 CBRE, North American Data Center Trends H2 2023, Dallas-Fort Worth, published 2024-03-06, accessed 2024-03-20
12 CBRE, North American Data Center Trends H2 2023, Houston, published 2024-03-06, accessed 2024-03-20
13 Dallas Chamber of Commerce, Top Employers 2023, accessed 2024-03-20
14 World Population Review, Dallas-Fort Worth Population 2024, accessed 2024-03-20
15 Top Workplaces, Greater Austin Top Workplaces 2023, accessed 2024-03-20
16 World Population Review, Austin, Texas Population 2024, accessed 2024-03-20
17 Top Workplaces, Houston metro area Top Workplaces 2024, accessed 2024-03-20
18 World Population Review, Houston Texas Population 2024, accessed 2024-03-20
Texas boasts the 8th largest economy in the world (9) and is the largest energy-producing state in the United States. It’s the second-largest state by square miles and:
26 commercial airports
22 interstate highways
58 freight railroads
19 seaports
34 foreign trade zones
No personal or corporate income tax
55 Fortune 500 companies are headquartered in Texas
3.2 million small businesses call Texas home
But what about the commercial real estate landscape? CRE in Texas contributed $185 billion to the state’s economy in 2023, more than 1.2 million jobs, and $69.7 billion in wages and salaries. (1)
According to NAIOP, (2) direct spending on CRE in Texas was more than $71.7 billion in these sectors:
Office: $16.7 billion
Industrial: $34.7 billion
Warehouse: $14.3 billion
Retail: $5.9 billion
Explore this page for CRE market insights and trends in Texas. Get a sneak peek at some of the CRE developers, operators and investors, and learn how Biscred can help you grow your CRE-related business in Texas.