Denver and San Francisco were at the top of the ranking, followed by Houston and Dallas.
“Commercial real estate continues its steady improvement as we start 2015,” Fred Schmidt, president and chief operating officer of Coldwell Banker Commercial Affiliates, said in a statement. “This is especially true of markets outside core cities such as Boston, Chicago, Los Angeles and New York.
“These secondary and tertiary markets such as Denver, Houston, Dallas and Phoenix take up many of the top spots on this year’s ranking and are strong candidates for continued growth in 2015.”
Dallas and Houston also ranked third and fourth in the 2014 Coldwell Banker study. Orlando and Portland were the top to markets last year.
The commercial real estate service company looks at more than 80 U.S. markets to gauge the strength of the office, retail and multi-family sectors.