Still, the broadening of demand beyond first-tier markets like Los Angeles, New York, Atlanta and Dallas, and even second-tier markets
like Minneapolis, is significant because it reinforces the staying power of the current industrial cycle, now in its eighth or ninth year depending on one's time frame.
He will oversee sales for the company's second-tier markets
including Albuquerque, Reno, Monterey, Midland-Odessa, Hartford, Boston, Santa Barbara, Laredo, Corpus Christi, Lubbock, Palm Springs and Washington, D.C.
The Baltimore region consistently rates among the top second-tier markets
in the U.S.
The mini casinos are intended for the state's second-tier markets
and cannot be built within 25 miles of one of the state's 12 established casinos.
NYLO Hotels seeks to fill need for design hotels in second-tier markets
Starting with the launch of the Dallas NYLO Plano in 2007, NYLO Hotels has been striving to develop a niche of urban, loft-style hotels in second-tier markets
, which provide hotel amenities that appeal to an active and social segment of travelers, founder and CEO Michael Mueller said.
Going by Apple's previous iPhone launches, the Cupertino company is sure to release its new handsets first in US, Canada, UK and 20 plus major markets worldwide within a month of their unveiling and later in second-tier markets
like China, India and other developing countries.
Booz claims that "the vast majority" of decision makers remain cautious about second-tier markets
and Africa, despite projected growth rates of 28% in the latter market.
The Cushman & Wakefield report noted that while increased global demand and improved market transparency are slowly leading to more uniform pricing of top prime markets globally, "the pricing for riskier or second-tier markets
is more extreme and arguably more locally driven.
At the time, UBS said it was mulling investments in second-tier markets
such as Shenyang and Wuhan.
The report finds that for second-tier markets
and non-core assets, debt availability and buyer interest are very limited.
China's second-tier markets
in the western and central regions have been less affected than the coastal areas, making them attractive for expansion or entry.