Here is my ranking of 40 major U.S. markets for #retail investment today (23Q1). Three themes stand out to me in these results: 1. #Sunbelt markets tend to score well due to their strong #demographics, which have driven rent and occupancy outperformance, leading to a swift recovery from the pandemic. 2. #Gateway markets tend to score in the bottom half of the rankings as they struggled to recover from the pandemic and have below-average demographics, impacting capital markets and fundamentals. Note, Boston is an exception at 13 and the Bay Area has been climbing up the ranks for the past few quarters. 3. The poor demographics in several Midwest and Northeast markets place them at the bottom of my rankings. I recommend avoiding or proceeding with caution in these markets. This analysis utilizes over 20 metrics from CoStar, U.S. Bureau of Labor Statistics, U.S. Census, Oxford Economics, and Macrobond. #CRE #analytics
CoStar Advisory Services
Leasing Non-residential Real Estate
Boston, MA 2,575 followers
Superior data. Powerful analytics. Objective advice.
About us
You need superior data, powerful analytics, and objective advice to make your most important decisions – which markets and property sectors to target at different points in the real estate cycle, how economic risks will affect portfolio and project-level performance, and how to communicate results to your investors. CoStar Advisory Services (a CoStar Group affiliate company) is the leader in commercial real estate strategy consulting and business intelligence. Our clients are from every aspect of real estate investment – developers, foreign investors, lenders, life insurance companies, plan sponsors, private equity, regulators, and REITs. Through the ups and downs of market cycles, CoStar Advisory Services has remained the preeminent real estate strategy consulting firm since its founding in 1994. Whether you need independent advice on resource allocation, deal support, or investor communications, rely on us to advise you on your next best move. Contact CoStar Advisory Services today to arrange an initial discussion of your needs at advisorysvcs@costar.com.
- Website
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https://www.costar.com/CAS
External link for CoStar Advisory Services
- Industry
- Leasing Non-residential Real Estate
- Company size
- 11-50 employees
- Headquarters
- Boston, MA
- Type
- Public Company
- Founded
- 1994
- Specialties
- Resource Allocation, Deal Support, and Investor Communications
Locations
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Primary
Get directions
33 Arch Street
Suite 3300
Boston, MA 02110, US