46 of the 50 largest US metro areas have added jobs over the last year! Fastest growing: Las Vegas (+3.7%), Salt Lake City (+2.7%), Indianapolis (+2.6%), St Louis (+2.6%), Miami (+2.5%) Slowest: Milwaukee (-0.6%), Memphis (-0.4%), Denver (-0.3%), Chicago (-0%), Baltimore (+0%)
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Over the last year, 45/50 major US metro areas have added jobs! Biggest drops: Portland (-1.2%), Memphis (-1.1%), Denver (-0.6%), Milwaukee (-0.3%), & Baltimore (-0%) Biggest gains: Las Vegas (+3.9%), OKC (+3%), Sacramento (+2.9%), Miami (+2.4%), & San Antonio (+2.4%)
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Over the last year, 45/50 large US metro areas gained jobs! Biggest drops: Memphis (-1.3%), Portland (-0.8%), Denver (-0.5%), Milwaukee (-0.4%), & Baltimore (-0.1%) Biggest gains: Las Vegas (+4.0%), San Antonio (+2.6%), Oklahoma City (+2.6%), Raleigh (+2.5%), & Houston (+2.4%)
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April jobs report for US metros is out today. Here's the rundown: Top 10, large metros (1m+) Las Vegas-Henderson-Paradise, 3.9% job growth, YoY Sacramento--Roseville--Arden-Arcade, 2.9% Miami-Fort Lauderdale-West Palm Beach, 2.4% San Antonio-New Braunfels, 2.4% Houston-The Woodlands-Sugar Land, 2.4% Indianapolis-Carmel-Anderson, 2.4% Austin-Round Rock, 2.2% Phoenix-Mesa-Scottsdale, 2.1% St. Louis, 1.9% Dallas-Fort Worth-Arlington, 1.8% Top 10, everybody else: Ocean City, 17.9% Madera, 6.2% Myrtle Beach-Conway-North Myrtle Beach, 5.3% Blacksburg-Christiansburg-Radford, 5.0% Gainesville, 4.6% Yuba City, 4.6% Charleston-North Charleston, 4.5% Athens-Clarke County, 4.4% Rome, 4.1% Merced, 4.0% By my count, that's six months in a row for Las Vegas atop the large metro standings. And note the continued momentum in St. Louis. They've been steadily climbing the rankings, but this is the first time I can recall seeing them in the top 10. Link to data on the BLS site is here: https://lnkd.in/gaNeM7ht
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Looking for a space to meet your business needs? Get to know West Chandler, a business district that is all about access. A #WestChandler location offers several advantages, including freeway access, sites with tremendous visibility, and ability to recruit from a large and diverse labor pool. In addition to its many industrial and mixed-use parks, West Chandler offers nearby retail amenities and residential neighborhoods. ? Here are a few more few fast facts: ?? Runs alongside Interstate 10 and Loop 202, covering a seven-square-mile area ?? Second Largest Employment Corridor in #ChandlerAZ ?? Home to 830 total businesses which make up over 30,000 jobs ?? Largest employers include: Intel Corporation, Rogers Corporation, Comtech Telecommunications Corp., Stryker and ArmorWorks Enterprises, Inc ?? Commercial Real Estate Snapshot— 11.8M SF of Industrial/Flex Space; 1.3M SF of Office Space; 2.4M SF of Retail Space For more information on West Chandler or for site selection assistance, visit our website or reach out to a member of our economic development team. ?? 480-782-3032 ?? [email protected] ??https://lnkd.in/g-73j_qf City of Chandler, Arizona | #siteselection #businessresources #econdev
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Rediscover Our Prime Development Opportunity in West Henderson! West Henderson is not just growing; it's becoming the new hub of industrial and economic activity. This area boasts a robust workforce and a strategic location that supports a diverse range of industries from manufacturing to tech. Key Highlights: -Strategic Industrial Growth: West Henderson is a beacon for industrial growth, home to major facilities like the Amazon fulfillment center and HAAS Automation’s expansive manufacturing complex. -Dynamic Workforce: The region draws from a labor pool of approximately 170,000, bolstered by a diverse and highly educated population ready to meet the demands of various industries. -Advanced Infrastructure: With over 26 million square feet of industrial space and proximity to key transportation hubs like the Henderson Executive Airport, West Henderson is ideally positioned for businesses looking to maximize efficiency and connectivity. West Henderson's strategic position and comprehensive development make it an ideal locale for high-performance businesses and living communities. Reach out to us today to seize this unparalleled development opportunity: Scot Marker [email protected] LIC. #S.0034109 Nadia Mumtaz [email protected] LIC. #S.0201377 #RealEstateDevelopment #LandForSale #InvestmentOpportunity #CommercialRealEstate #CushmanWakefield
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Phoenix and Las Vegas are projected to lead U.S. metros in job growth over the next five years with impressive +8.1% increases, driven by expansions in professional services, tech, and construction. Orlando closely follows with +7.2% growth, fueled by thriving tourism and business sectors. Additional high-growth metros include Raleigh (+6.4%) and Salt Lake City (+6.1%), positioned for continued success with robust tech and business-friendly environments. Austin (+6.0%) and Jacksonville (+5.4%) show steady climbs. Miami, Houston, and Dallas-Fort Worth also forecast around 5% growth, reinforcing their roles as dynamic economic hubs. With these projections, multifamily investors have a roadmap of emerging opportunities where job growth aligns with housing demand. Read more in the full whitepaper: https://lnkd.in/gN5zt5BN #jobgrowth #employmenttrends #multifamily
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Cleveland clinches the title of the second-best city in the U.S. to kickstart your career, according to BusinessNameGenerator.com! According to the report, which analyzed 50 of the top cities across the U.S., factors such as the number of entry-level jobs per capita, starting salaries, unemployment rates, apartment costs, public transportation expenses, and even the price of dining out were considered. Cleveland's charm goes far beyond its skyline; it offers a strong platform for launching careers, striking a perfect balance between opportunity and affordability. Here are the 10 best cities in the U.S. to kickstart your career, according to Business Name Generator: 1. Minneapolis, MN 2. Cleveland, OH 3. Baltimore, MD 4. Wichita, KS 5. New Orleans, LA 6. Tulsa, OK 7. Boston, MA 8. Washington, D.C. 9. Omaha, NE 10. Milwaukee, WI Link to article: https://lnkd.in/ggC8PqSb Photo credit: Gabe Wasylko
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The May jobs report for metros was out last week from Bureau of Labor Statistics, just in time to update the rankings for our presentation at the Southern Economic Development Council conference later this month. Using the seasonally adjusted estimates on a year-over-year basis (%), here were the top performers in May among metros with 400k+ jobs: * #AmericanSouth metro in the SEDC region 1. Charleston-North Charleston, SC* 4.3% 2. Las Vegas-Henderson-Paradise, NV 3.9% 3. Raleigh, NC* 3.1% 4. Boise, ID 2.9% 5. Miami-Fort Lauderdale-West Palm Beach, FL* 2.7% 6. Columbia, SC* 2.7% 7. Oklahoma City, OK* 2.6% 8. Austin-Round Rock, TX* 2.4% 9. Greenville-Anderson-Mauldin, SC* 2.4% 10. San Antonio-New Braunfels, TX* 2.4% Eight of the top ten. Not bad, Matt Tackett. Looking forward to seeing everybody later this month in Savannah! BLS release: https://lnkd.in/dbTbSdX
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Northern Denver neighborhoods are seeing the most sale transactions over the last 12 months. Suburban Retail is the focus for investors. Are you considering selling your Suburban Retail investment property? Contact me to learn more. 720.560.3430 / [email protected] #denverretail #suburbanretail #retail #investmentretail #investmentproperty #denverrealestate #commercialrealestate #markettrends #salestransactions
Investors are continuing the trend of focusing on Suburban Retail. Specifically, the Northern Denver neighborhoods. This is driven by the uncertainty and condition of the Downtown Denver market. Retail vacancies in the suburban markets are at historical lows. ? Please contact us if you are interested in finding out more, or considering selling your suburban retail investment property. #denverretail #suburbanretail #retail #investmentretail #investmentproperty #denverrealestate #commercialrealestate #markettrends #salestransactions ?
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Geographical Flexibility Matters in the Current Market When I first started in commercial real estate, I focused heavily on the Seattle metro area. But over time, I realized that limiting myself to one geography meant missing out on broader opportunities. Today, my team operates across the Pacific Northwest, and we've expanded into Oregon, Idaho, and even California when opportunities arise. As I often tell clients: "Our focus is on the Pacific Northwest, so I would say 80 percent of our business is Washington state, but we do a lot of business in Oregon, Idaho, and California sometimes." The retail market is evolving, and it's no longer just about location—it's about understanding the nuances of different markets. By broadening our geographic reach, we've been able to offer our clients more options, more flexibility, and ultimately, better returns. In today's environment, flexibility is key. Whether you're looking to invest locally or considering expanding into new regions, having a wider view opens up more opportunities for growth and success. #RetailRealEstate #RetailInvestments #PNWRealEstate
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