According to the latest Cushman & Wakefield monthly economic update:
“Some of the best opportunities in commercial real estate over the next year or two are most likely to be in secondary markets – the cities that were worst hit by the recession and have been slower to recover.
The economic recovery has been sluggish and centered on a few metropolitan areas and regions. That pattern is now changing and is gradually returning to long term trends.
The economies of many markets, such as Atlanta and San Diego, are now accelerating along with the U.S. economy as a whole and, in some cases, overtaking the coastal markets that have
dominated this recovery.
The U.S. economy has accelerated in 2014 as years of uncertainty have been replaced by rising confidence and an increasing readiness to take risk.
This acceleration will lead to stronger growth in more metropolitan areas, creating opportunities in commercial real estate.”