Health Crisis May Accelerate Migration to Smaller Markets, Signaling Potential Changes for Commercial Real Estate

People moving to secondary and tertiary markets in greater numbers has benefited local real estate, shifting more investment activity to these metros in recent years. Health concerns and remote working add new motivations to move beyond current financial and demographic factors, grabbing investors’ attention as they adapt to the new, post-coronavirus normal.

Key Features Include:

• Breakdown of migration patterns over the past five years by state

• Comparison of vacancy and rent growth between larger and smaller markets across property types

• Impact of population mobility on investment trends now and in the future