CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. Following is the full response from Greg Vorwaller, global head of capital markets for Cushman & Wakefield Inc. Be sure to read the full responses of the other executives, as well! Not much has changed among investors’ city preferences, a lot of it having to do with their view of risk and their continued focus on risk mitigation, given the slow pace of recovery in the economy. As a result, they want to…

CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. Following is the full response from Hessam Nadji, senior vice president & managing director for Marcus & Millichap Real Estate Investment Services. Be sure to read the full responses of the other executives, as well! As the recession bottomed and the economic recovery began, investors targeted primary large metros such as Chicago, New York, Los Angeles, San Francisco, Washington D.C., Dallas and Houston. The more diverse economies of the major metros underpin…

CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. Following is the full response from James Kuhn, President, Newmark Grubb Knight Frank. Be sure to read the full responses of the other executives, as well! The traditional investor wants to buy in a supply-constrained environment, and the traditional five supply-constrained markets are Washington, Boston, New York, San Francisco and L.A. in office and to a lesser extent multi-family. What happens when those investors can’t buy in those markets because the pricing…

CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. Following is the full response from Jay Koster, President of the Americas Capital Markets, Jones Lang LaSalle Inc. Be sure to read the full responses of the other executives, as well! There simply aren’t enough good investment opportunities available when balanced against the capital that desires to get placed in the real estate space. That continues to drive the core markets. Last year, San Francisco and Seattle were huge. There was less activity…

CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. Following is the full response from Dwight Hotchkiss, President, Brokerage Services l USA, Colliers International. Be sure to read the full responses of the other executives, as well! The markets which continue to see the greatest activity are the gateway cities along the coasts: Southern California, Northern California, Seattle, Miami, New York and Boston. Despite challenges in the Rust Belt (e.g. Detroit and Cleveland), there are several Midwest cities that have seen interest,…

CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. Following is the full response from Christopher Ludeman, President of the Capital Markets, CBRE Group Inc. Be sure to read the full responses of the other executives, as well! I would not see a radical change in areas of preference relative to U.S. cities for investment from a year ago. The coasts continue to attract greater interest than does the middle of the country, largely driven by the flow of jobs as well…

CPE asked a number of investment sales brokerage executives about the cities they recommend that their clients consider. Excerpts of their responses appeared in the September 2013 Special Report. What follows are their more extensive observations. Dwight Hotchkiss, President, Brokerage Services l USA, Colliers International Jay Koster, President of the Americas Capital Markets, Jones Lang LaSalle Inc. James Kuhn, President, Newmark Grubb Knight Frank Christopher Ludeman, President of the Capital Markets, CBRE Group Inc. Hessam Nadji, Senior Vice President & Managing Director, Marcus & Millichap Real Estate Investment Services Greg Vorwaller, Global Head of Capital Markets, Cushman & Wakefield Inc….