Small, secondary metros will be the top investment markets in the country this year, according to the National Association of Realtors. The organization has released its list of the top 10 commercial real estate markets for 2021, which highlights the markets that are expected to outperform the nation.
NAR's selects the markets based on economic, demographic, housing and commercial market conditions in the multifamily, office, industrial, retail and hotel property sectors. This year, the list includes Austin-Round Rock, Texas; Cape Coral-Fort Myers, Florida; Charleston-North Charleston, South Carolina; Las Vegas- Henderson-Paradise, Nevada; Nashville-Davidson-Murfreesboro-Franklin, Tennessee; Phoenix-Mesa-Scottsdale, Arizona; Raleigh, North Carolina; Salt Lake City, Utah; Seattle-Tacoma-Bellevue, Washington; and Tucson, Arizona.
Phoenix, Seattle, Nashville, Salt Lake City and Las Vegas are all newcomers to the list.
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Kelsi Maree Borland
