NREI: Top 10 Markets for CRE Investment in 2017
According to NREI:
Gateway cities continue to be good places for long-term investment. For shorter-term holds, investors should explore less crowded markets and markets with low development pipelines.
Los Angeles remains in top place as the most attractive market for investors. The city is showing good fundamentals for both industrial and office properties, according to Joi Mar, an analyst with Newport Beach, Calif.-based research firm Green Street Advisors.
“In industrial, we like Western coastal markets like Los Angeles, Orange County, Oakland-East Bay and San Diego. These markets have strong demand (partially driven by e-commerce), land is scarce [and] building is expensive, and there is lack of supply, which all leads to better NOI growth,” says Mar.
To read the full article from NREI, click here.