Oklahoma City’s commercial real estate market is among the top two in the nation, according to a recently released report.
The area’s commercial real estate market ranked second among major metropolitan areas in the country in the fourth quarter of last year, according to a report from credit rating agency Moody’s Investors Service.
The report, which focused on the office, apartment and hospitality markets, gave Oklahoma City an overall average score of 74 out of 100 based on vacancy rates and other factors.
Pittsburg ranked first in the report, scoring 77 out of 100. Oklahoma City and San Francisco tied for second with a score of 74. Honolulu, 72, and Los Angeles, 68, rounded out the top five markets.
Riverside, California, 36, Jacksonville, 33, Trenton, N.J., 33, Detroit, 26, and Phoenix, 24, were the lowest scoring markets.
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