California, Tennessee Top Ten-X’s Industrial Market Buys

Ten-X’s recently released “Industrial Sector Report” has praise for California and Tennessee. Specifically, the California-headquartered research company named Nashville, Los Angeles, Memphis and San Bernardino/Riverside as “Top Buy” markets. Coming in fifth place was Atlanta.

In its analysis, Ten-X ranks these cities on top because of robust economies, growing populations and declining industrial vacancies. A couple of issues to watch out for: Memphis’ stop-start economic growth, and sharply rising vacancies for San Bernardino, in the event of an economic downturn.

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