At Transwestern's Sept. 24 Twitter conference, "State of CRE," Chip Clarke underlined a basic premise; namely that geographic areas producing more jobs will end up with more real estate activity.
In answering the question about hottest cities for commercial real estate investment, Clarke tweeted that those job-creating cities are seeing the best CRE activity. As such, its "hard to top Houston or San Francisco for job creation. Obviously, NY remains strong from investment standpoint."
Read more...Commercial Real Estate Boils Down to Jobs - Daily News Article - GlobeSt.com