Commercial Property Executive teamed up with Nielsen to do research on retail real estate markets that show rapid recovery. It seems there’s a relationship between affluence and business creation, which Nielsen determined by stirring up a zip code stew of household liquid assets and percentage of businesses created.
Based on that mix, the locations at the top of the list–including Doylestown, PA–are in better shape for a retail recovery:
While not meant to be prescriptive, the roster of locations below may warrant a closer look for retail investment, redevelopment or development opportunities.
A full report will come out with the May issue of CPE.