Most and Least Attractive Cities for Investment

The commercial real-estate cycle appears to have reached its peak and will begin pulling back in 2007. According to a recent report dubbed Emerging Trends in Real Estate 2007, cities ranked the most and least attractive for investments among the 15 largest U.S. metro areas include:

                                      Best to Buy                        Best to Sell

Office                           Seattle                                Philadelphia
Apartment                  San Francisco                   Philadelphia
Retail                            New York                           Philadelphia
Warehouse                 New York                           Boston

Sources: Urban Land Institute; PricewaterhouseCoopers

The survey consisted of 600 real estate industry officials including developers, investors, brokers, consultants and lenders.

WSJ, Oct 18, 2006