Specifically, it depends on the industries that fuel it. Commercial real estate industry watchers agree investors should focus on markets with good quality of life and labor force because that will attract companies to stay in that market or relocate there.

Ultimately, investors are looking to secondary and tertiary markets partly for deal flow and partly for yield. Savvy investors are leaving primary markets and picking up anywhere from 50 to 75 basis points by going to secondary or tertiary locations.

“Those markets were lagging thus far in the recovery, so now they have more runway ahead of them into the recovery,” Steve Pumper, executive managing partner of Transwestern's Capital Markets and Asset Strategies Group, tells GlobeSt.com. “This means investors can get better pricing on the acquisition side on assets with good market fundamentals ahead of them to outperform returns in other markets.”

Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.

ORLANDO—Sentiments for the investment sales sector are bullish for the next 12 to 24 months. Interest is growing for assets in non-gateway cities.

That, Andrew Nelson, chief economist at Colliers International tells GlobeSt.com, is because non-gateway cities appeal to investors' desires for income and growth while offering an alternative from the high-cost barriers in gateway markets. So the question becomes: How do investors find the best deals?

“Buying well for us means being flexible, by being willing to look at and understand a variety of property types, markets and deal structures,” Francis Greenburger, CEO and founder of Time Equities, tells GlobeSt.com “Being a reliable and fair buyer who closes and does what its promises is also crucial to continued long-term success in this industry.”

How long will non-core markets be in vogue? Like many questions regarding the future of commercial real estate markets, the answer is, “it depends.”

Specifically, it depends on the industries that fuel it. Commercial real estate industry watchers agree investors should focus on markets with good quality of life and labor force because that will attract companies to stay in that market or relocate there.

Ultimately, investors are looking to secondary and tertiary markets partly for deal flow and partly for yield. Savvy investors are leaving primary markets and picking up anywhere from 50 to 75 basis points by going to secondary or tertiary locations.

“Those markets were lagging thus far in the recovery, so now they have more runway ahead of them into the recovery,” Steve Pumper, executive managing partner of Transwestern's Capital Markets and Asset Strategies Group, tells GlobeSt.com. “This means investors can get better pricing on the acquisition side on assets with good market fundamentals ahead of them to outperform returns in other markets.”

Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.