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Research - MARCH 10, 2021

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NAR Identifies top-10 CRE markets for 2021

by Released

The National Association of Realtors® has identified the top-10 commercial real estate markets for 2021. In alphabetical order, the markets are:

Austin-Round Rock, Texas Cape Coral-Fort Myers, Fla. Charleston-North Charleston, S.C. Las Vegas-Henderson-Paradise, Nev. Nashville-Davidson-Murfreesboro-Franklin, Tenn. Phoenix-Mesa-Scottsdale, Ariz. Raleigh, N.C. Salt Lake City, Utah Seattle-Tacoma-Bellevue, Wash. Tucson, Ariz.

“The top commercial real estate markets that are expected to outperform the rest of the nation are generally affordable and able to draw new residents with a greater flexibility to work from home,” said Lawrence Yun, NAR’s chief economist. “These growing markets also offer much lower office and retail rents and are, therefore, able to attract new and expanding businesses.”

NAR selected the top-10 markets after consid

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