As the commercial real estate sector continues to recover from the “Great Recession,” investors across the nation are ramping up their acquisition and development activity. While core, coastal markets such as New York, Washington, D.C., Southern California and San Francisco continue to be the most desirable locales for most larger, institutional investors, non-core and alternative markets are increasingly attractive. These alternative markets offer an attractive option to core markets, particularly for entrepreneurial and non-institutional investors.
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