South Continues to Dominate CRE Performance in 4Q 2024: Top 3 Bottom 3 Metros

SitusAMC’s latest Top 3 Bottom 3 Metros report found commercial real estate (CRE) is warming up in the Sunbelt, with all of the top three markets in our analysis spread across the South. Meanwhile, two major California cities remained at the bottom for the second straight quarter. Our proprietary analysis is based on the weighted average of NCREIF Classic NPI total returns across the main commercial real estate (CRE) sectors in 4Q 2024, compared to the previous quarter. We analyze only the top 30 metros based on total NPI ending market value (EMV).  

Explore all of the winning and losing metros in our slideshow below. (Click the bottom link for a full-screen version.) To learn more about SitusAMC’s research and data offerings, visit our website.