Honolulu among Top Commercial Real Estate Markets
Honolulu ranks among the top markets for commercial real estate in the U.S., according to a Moody’s Investors Service study.
The ratings agency said Honolulu was the strongest of the markets surveyed in its study of properties in commercial mortgage backed securities during the fourth quarter.
Rounding out the top five markets were New York, Los Angeles, Washington D.C., and Orange County, California.
Moody’s said commercial real estate markets across the country either improved moderately or were stable during the fourth quarter. The ratings agency ranks markets through a color-coding system in which red is the weakest, yellow is better and green is the strongest.
“The commercial real estate markets are continuing down the road to recovery, though the fact that most markets remain yellow indicates that a comfortable point of stability has not yet been reached,” says Moody’s Vice President Keith Banhazl, in a statement issued by the ratings agency.
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Mark Howard, abr, RB 20384
Hawaiian Americana Realty, Inc
"What is most important is the expansion and up-scaling of marketing services, customer service, and real estate listings which, according to Owner/Founder Mark Howard, are going to make Hawaii one of the most successful real estate markets in the world, despite the static downtrend in the industry across the nation. These myriad of upscale services Mark Howard's company will be offering, he says, already now includes bringing together the best seller and buyer services possible, and combining them with superb creative marketing expertise and more than a decade of residential and commercial real estate experience which will serve the needs of clients not only in Hawaii but wherever else in the world (or online!) sellers and buyers are located. "