Only a few years ago, investors avoided suburban real estate in favor of urban locations. Today, the industry is trumpeting the merits of suburban assets. What caused this dramatic reversal in how suburban markets are viewed? And, is the current view valid? Let’s consider traditional suburban locations (as opposed to close-in urban locations or secondary business nodes). Submarkets such as Buckhead in Atlanta, Kendall Square and Cambridge in Boston, Cherry Creek in Denver, and Santa Monica in Los Angeles, among other submarkets, were excluded from this suburban analysis. Those submarkets, although technically suburban, replicate urban characteristics and typically do not track the growth patterns of the more traditional suburban submarkets developed after World War II.