By Indraneel Karlekar and Nicholas Duva, Clarion Partners

In real estate investment, investors have so far mostly focused on intermetro movements, the shifts of people and capital between metropolitan areas. Recent examples include the well-catalogued migration tailwinds to major Sun Belt metros. Looking ahead, intrametro migration trends — movements within metros — might be an especially useful, and possibly underappreciated, tool for investment decision-making.

In this guest column, Indraneel Karlekar, Ph.D., Managing Director, Global Head of Research and Strategy, and Nicholas Duva, Senior Associate, at Clarion Partners delve into intra-metro migration trends stemming from remote and hybrid work and the resulting commercial real estate investment opportunities.

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