Coldwell Banker: Texas markets among best in U.S.
TEXAS – It wouldn’t be a real estate report if there wasn’t a ranking, which is why Coldwell Banker Commercial Affiliates has examined more than 80 markets to come up with the best of the best markets in the country in 2014.
The U.S. commercial real estate industry continues to improve steadily in 2015, which is especially true outside core cities such as Boston, Los Angeles, New York and Chicago, said Coldwell President and COO Fred Schmidt.
The country’s secondary and tertiary markets, such as Dallas, Denver, Houston, Phoenix, take the top spots in this year’s ranked and are strong candidates for continued growth this year.
Here are the report’s top ten markets, which include all four of Texas largest metro areas:
Market | Final Rank | Office Rank | Retail Rank | MF* Rank | Pop. Rank | Unemploy. Rank |
Denver, Colo. | 1 | 8 | 4 | 28 | 11 | 1 |
San Francisco, Calif. | 2 | 1 | 1 | 17 | 35 | 23 |
Houston, Tex. | 3 | 26 | 13 | 2 | 8 | 30 |
Dallas, Tex. | 4 | 16 | 11 | 13 | 4 | 39 |
San Jose, Calif. | 5 | 2 | 6 | 1 | 60 | 22 |
Phoenix, Ariz. | 6 | 20 | 5 | 11 | 12 | 50 |
San Antonio, Tex. | 7 | 21 | 27 | 41 | 6 | 20 |
Las Vegas, Nev. | 8 | 59 | 18 | 25 | 7 | 7 |
Austin, Tex. | 9 | 10 | 26 | 55 | 1 | 31 |
Orange County, Calif. | 10 | 5 | 23 | 16 | 40 | 43 |
*Multifamily
Source: Coldwell Banker Commercial
See the full report at Coldwell Banker Commercial.
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