NAR’s Commercial Real Estate Metro Market Conditions Index for the first quarter of 2022 shows that Bend made the top 16 hottest commercial real estate metro markets.
Highlights:
- Florida held the top five hottest commercial real estate metro markets: Orlando, Miami, Palm Beach, Fort Lauderdale, and Fort Myers.
- The South region is the hottest commercial real estate region, accounting for 11 of the top 16 commercial real estate markets, including the Florida markets (Savannah, Austin, Atlanta, Asheville, Charleston, Nashville) followed by the West region with four markets (Riverside, Las Vegas, Bend, Provo), and the Northeast with one market (Boston).
Top 16 Commercial Real Estate Markets
- Orlando-Kissimmee-Sanford, Florida
- Miami-Miami Beach-Kendall, Florida
- West Palm Beach-Boca Raton-Delray Beach, Florida
- Fort Lauderdale-Pompano Beach-Deerfield Beach, Florida
- Fort Myers, Florida
- Savannah, Georgia
- Austin, Texas
- Boston-Cambridge-Nashua, Massachusetts
- Riverside-San Bernardino-Ontario (Inland Empire), California
- Atlanta-Sandy Springs-Roswell, Georgia
- Asheville, North Carolina
- Las Vegas-Henderson-Paradise, Nevada
- Bend-Redmond, Oregon
- Charleston-North Charleston, South Carolina
- Nashville-Davidson-Murfreesboro-Franklin, Tennessee
- Provo-Orem, Utah