Words: Ashley Rigg
Published: 9th November 2009
US: Top 10 commercial markets for 2010
The Real Estate Bloggers publish their list of the top 10 commercial markets for 2010. Survey respondents are pessimistic about the prospects for suburban property and unsurprisingly stick to the major economic hubs which boast strong demand.
- Washington D.C. Boosted by the presence of National Institutes of Health and increased medical spending on the back of Obama’s new health plan.
- San Francisco. An expanding regional tech industry, fed by nearby Silicon Valley, the city ranks as one of the top buys for apartments, warehouse, office and hotels.
- Austin. A Texas growth bastion, Austin’s low state taxes.
- Boston. Premier educational institutions, life science companies, and high tech business—reinforce investors’ long-term conviction.
- New York offers savvy investors opportunity and more affordable costs over the long term. The pace of market recovery however depends on the hammered banking industry, the report cites.
- Houston
- Seattle
- Raleigh/Durham
- Denver
- San Jose
Full story from The Real Estate Bloggers.
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