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March 27, 2008
Washington, L.A. Top List Of Retail Growth Areas
Washington., Los Angeles and Dallas/Ft.Worth are among the top metropolitan areas poised for retail growth over the next five years, according to a new report by real estate advisory firm Grubb & Ellis.
The firm looked at factors such as job growth, competition and demographics to produce its rankings.
Atlanta, Houston and Philadelphia followed the top three, while Orange County and San Diego, Calif. took the seventh and eighth-place spots. The final two growth areas were Chicago and Portland, Ore.
Grubb & Ellis expects the areas to outperform other, more saturated markets and places where overall economic health is weak.
Posted by Blacks on March 27, 2008 09:47 AM
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