Blog
Market Spotlight Pittsburgh, PA
Pittsburgh, PA, is a PLUM SELECT 80 market due to its storied industrial history. Pittsburgh is widely known as Steel City, due to the long-standing presence and history of steel manufacturers, with US Steel still headquartered in the city. Forbes recently named it the best housing market for Baby Boomers. In addition, Pittsburgh has a long…
Read MoreMarket Spotlight Jacksonville, FL
Jacksonville, FL, is a PLUM SELECT 80 market due to its low unemployment rate, strong population growth, and diversified employment base. According to Global Trade Magazine, Jacksonville has been named as one of the best cities for logistics infrastructure due to its two deep-water ports, three major interstates, major railways, and an international airport…
Read MoreMarket Spotlight Nashville, TN
Nashville is a PLUM SELECT 80 market due to its dynamic population growth, access to prestigious college institutions, bustling hospitality sector, and business-friendly environment. Hospitality development is surging to keep up with demand from tourism. There are currently 3,700 new hotel rooms currently underway in Nashville. Recently Nashville was ranked as the #1 city…
Read MoreMarket Spotlight Cincinnati, OH
Cincinnati is a PLUM SELECT 80 market due to its youthful population, favorable tax climate, and robust manufacturing industry. The office sector has returned to positive ground after a negative 2020 and 2021 due to the COVID-19 pandemic. The industrial sector was recently ranked as the #1 city to buy industrial property in the…
Read MoreMarket Spotlight Tampa, FL
Tampa is a PLUM SELECT 80 market due to its business-friendly environment, GDP growth, and strong performance across all commercial property types. The multifamily sector has seen a meteoric rise due to the influx of residents since the onset of the COVID pandemic. The industrial sector continues to benefit from expansions to Port Tampa…
Read MoreMarket Spotlight Raleigh, NC
Raleigh, NC, is a PLUM SELECT 80 market due to its rapid population growth, proximity to research universities, and its ever-expanding technology sector. A high percentage of its population is college educated, and the median household income is 21% higher than the national average. In addition, there have been large investments recently from companies…
Read MoreMarket Spotlight Columbus, OH
Columbus, OH, is a PLUM SELECT 80 market due to its large population, rapid GDP growth, and proximity to a large portion of the United States population. In addition, several corporations have moved or expanded into the metro in recent years, such as Intel, Amazon, JP Morgan Chase, and Nationwide Insurance. It is also home to…
Read MoreMarket Spotlight Provo, UT
Provo, UT is a PLUM SELECT 80 Market due to its growing technology sector, educational institutions, proximity to recreational areas, and an influx of employers, such as Adobe, eBay, and Facebook. The metro is also top in the nation for five-year job and wage growth. The Milken Institute named Provo-Orem the best-performing economy among…
Read MoreMarket Spotlight Kansas City, MO
Kansas City, MO Kansas City is a PLUM SELECT 80 market due to its pronounced infrastructure development and strong income growth. Its diverse employment is backed by the public sector and healthcare industries. Additionally, the bi-state metro is a hub for domestic and international transit, which has continued to attract firms such as Amazon to the…
Read MoreMarket Spotlight El Paso, TX
PLUM focuses on the El Paso market, due to its optimal location for cross-border manufacturing and trade. El Paso is also a transportation network and premier shipping center status for the southwestern U.S. It has a stable military and government presence, as well as a diversified, youthful workforce. All of these factors contribute to…
Read More