brian fielding shares best cities for office space
TRANSCRIPT
Brian Fielding Shares Best Cities for Office Space Investments in 2015There are many different types of commercial real estate properties that an investor may consider when they are looking to make a purchase that will offer them a profitable return.
One of the most desirable property types in commercial real estate is office property
When an investor is looking for a space to purchase, they should consider the strongest markets for the property type
Here, Mr. Fielding discusses some of the best areas to own office spaces in the coming year.
San Francisco: Brian Fielding reveals that this city has always been a good choice for office spaces, but this year especially it is experiencing very fast employment growth in office related jobs.
Pittsburgh: This city has regained over 200% of the office jobs that were lost in the recession leading to a high demand for quality office spaces. There is a shortage of these quality spaces in the city so when an investor is able to get such a property, they will face low vacancy rates
Boston: This city is benefiting from many of the same positive trends that other cities are seeing. However, it is also a good choice for investors because the initial investment for these properties is usually lower than it is in other top cities.