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What makes a city a gateway market versus a non-gateway market? Does being a gateway market have a lot to do with the cost of living in those cities? Do gateway markets have a higher demand from people to live in driving the cost up? Why do people pay to live in these cities when there are cheaper alternatives? Are non-gateway cities inferior to gateway cities? Is there any correlation? Are gateway cities the most pristine cities in the nation?
What do gateway cities offer that non-gateway cities lack? Can anyone give a solid reason and maybe provide a connection between cost of living and gateway city designation?
I was just wondering what makes a city a gateway market and what makes a city a non-gateway market. I was also wondering if it had anything to do with the cost of living in these cities. The gateway markets are also the most expensive in the nation. Is there a connection to this?
I was just wondering what makes a city a gateway market and what makes a city a non-gateway market. I was also wondering if it had anything to do with the cost of living in these cities. The gateway markets are also the most expensive in the nation. Is there a connection to this?
Ok, gotcha. The cities they describe as gateway markets are New York, Washington, D.C., Boston, Seattle and San Francisco.
Or, "Any market that benefits from the presence of technology, energy or health care industries is well positioned for space absorption and rental growth".
I would also include Chicago, Philadelphia and probably Houston.
Not getting it. How is DC a "gateway market" for example, and not Houston?
Isn't Houston a bigger international air hub, a bigger port, and close to the world's busiest international border?
See above for examples of gateway markets. I noticed the cost of living is the highest in gateway markets. I was wondering what made an area a gateway market versus a non-gateway market? Does it have anything to do with the high cost of living in those markets versus the other non-gateway markets?
Ok, gotcha. The cities they describe as gateway markets are New York, Washington, D.C., Boston, Seattle and San Francisco.
Or, "Any market that benefits from the presence of technology, energy or health care industries is well positioned for space absorption and rental growth".
I would also include Chicago, Philadelphia and probably Houston.
Do you think there is a connection to a higher cost of living with gateway market designation? The five gateway markets have the highest cost of living in the country. Do you see Chicago, Philadelphia, or Houston becoming gateway markets and also rising to the higher cost of living that seems to be connected to being a gateway market?
I was just wondering what makes a city a gateway market and what makes a city a non-gateway market. I was also wondering if it had anything to do with the cost of living in these cities. The gateway markets are also the most expensive in the nation. Is there a connection to this?
It's a term they threw together when writing an article for National Real Estate Investor in regards to current office leasing trends - not a list of "gateway cities" overall. As far as the list, the article says most leasing will be in gateway markets, which includes the cities you listed, although the article didn't list everything they seem to think would be a gateway market, just chosen ones they mentioned that had activity.
I think they probably just mean the premier office markets around the country.
NYC
Chicago
San Fran
Boston
Phi
Houston
Dallas
DC
etc.
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Especially with the list of cities chosen for each.
