Tertiary markets are the place to be for rent growth over the next five years, according to a new report from Markerr, while coastal markets are projected to underperform.
Allentown, PA, and Wichita, KS, are rated tops at 4.2% each followed by Bridgeport, CT and Greenville, SC, at 3.9%, and Syracuse and Albany at 3.8%.
Seattle (0.6%), San Antonio (0.6%), and Salt Lake City (0.5) pull up the rear among Markerr's top 100 markets, each expected to grow rent by a scant amount.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
