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Unpacking the Sunbelt's Underperformance


Aerial shot of Dallas, Texas

Over the past 12 months, Ten-X's trade rate has averaged over 50%. But which markets are really seeing the most activity?

Our Regional Vice President, Kevin Spellacy, broke down some of Ten-X's recent transaction trends with GlobeSt. Here are some of the highlights:

  • Columbus, Boston, Philadelphia, Cleveland, and Detroit are among the top-performing markets, with trade rates in the 60-70% window.
  • Discussions with corporate clients regarding the divestment of non-core real estate assets have recently increased.
  • The past 90 days have seen a significant increase in investor interest on the Ten-X platform, indicating the potential for a rise in investment activity in the coming months.

Read the full article on GlobeSt.

Introducing Buy Now: The Fastest Way to Transact CRE Online

Published: March 27, 2025

By Kim Phamvu – Ten-X Senior Manager, Product Management

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