Best U.S. states for Commercial Property Development

Article Written By: Dave Walker

In these economic times, it seems as if decisions about leasing or purchasing commercial property for business use would be chancy or risky at best. Yet, there are abundance opportunities nationwide for gaining amazing areas and deals for office space to rent or lease. Throughout the Northeastern United States in such place like New Jersey and Minnesota, commercial property opportunities abound.

A mere few hours from Manhattan, New Jersey boasts a multitude of pluses to attract new business. High-tech, pharmaceutical and research companies are plentiful throughout a state that can still lay claim to pristine wilderness thatandrsquo;s just outside urban settings with historic universities such as Princeton and Rutgers a mere stoneandrsquo;s throw away. Locations throughout the state are easily accessible to the excitement and speed of New York making New Jersey even more attractive to working populations with its more affordable housing and good schools than its more glamorous neighbor.

Minnesota exists as more than just the twin cites of Minneapolis and St. Paul. Within the state, there has been continued strong job growth that bucks national trends. The twin cities area plus its suburbs are attracting young and vibrant companies that have increased the prestige of the entire state. Coupled with affordable housing and good schools, Minnesotaandrsquo;s business development is expected to grow throughout the year.

As cheerful, wide and sweeping as its unofficial state song andlsquo;The yellow rose of Texasandrsquo; attests, Texas has seen great economic growth with the entry of high tech firms such as Dell and IBM creating an atmosphere of affordable housing and good schools whose high graduation rates guarantee important future positive returns on business development and creation.

Boasting a mid tempered climate, Texas also has abundance nightlife, affordable housing, rich cultural history all within a state that is as grand and wide as a Texas smile.

With a growing Bioscience industry and a landscape that includes truly spectacular scenery, Colorado is a cutting edge location for office space rentals. High tech industries such as Hewlett-Packard, Agilent Tech paired with firms like Kodax make the rocky mountain state attractive to potential employees. Green technology and business is set to grow within the state due to Coloradoandrsquo;s recent Federal contract for their Solar energy project make the area even more appealing to new business. Colorado has a graduation rate above the national average creating a knowledgeable pool of potential employees.

Virginia boast abundance amenities within its spacious green land, great schools, a youthful population and high college graduation rate coupled with low affordable housing makes the Virginia area attractive in creating new business. Strong opportunities in Medical care partnered with good racial diversity make the state a strong draw for people of all ages and races. Abundance wide open spaces are ripe for potential business development as well.

These states are well timed to lead in commercial property development within the new year. They are areas that will increase in prestige and business development creating jobs while providing a high standard of living for several years to come.

About the Author

Dave Walker - Operations Manager of Office Space Local. He has over 20 years experience in the US office space and commercial property marketplace. Office Space Local US is a search service for office space rental and commercial property for lease. Major cities covered including office space in New York, Los Angeles, Houston and Chicago.

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