Pandemic Boom Towns Bust While Unlikely Cities Soar in Commercial Real Estate Rankings

Markets like Austin and San Francisco that boomed during the pandemic are now plummeting for commercial real estate.

But the Moody's report reveals safe havens like Albany, Hartford, and Toledo based on supply/demand.

Green markets have high scores (67-100) with demand outpacing supply, while red markets have low scores (0-33) with high vacancies.

Surprising green markets include Omaha (#1) and Albuquerque (#4) thanks to low office vacancy rates and industrial growth.

Former darling Austin ranks last due to massive oversupply after years of breakneck growth and investment.