Markets · Private research universe
Top 40 U.S. markets
A Holland-only view of the markets that matter most. Each covered metro now carries a standalone Green Street-based study — same fixed spine everywhere, so markets compare like-for-like. Balance reads come straight from the study data (2026Q1 release).
Market access list
Balance = trailing 3-year demand-minus-supply read from the study; rank #1 = most undersupplied of 37 covered.
| # | Code | Market | Region | Status | Thesis lane | Balance | Study |
|---|---|---|---|---|---|---|---|
| 01 | SEA | Seattle–Bellevue–Tacoma | Pacific Northwest | Priority | Core watch | Underbuilt | Study · PDF #13 |
| 02 | POR | Portland | Pacific Northwest | Active | Core watch | Overbuilt | Study · PDF #22 |
| 03 | SFO | San Francisco Bay Area | Northern California | Priority | Core watch | Underbuilt | Study · PDF #5 |
| 04 | SJC | San Jose / South Bay | Northern California | Active | Core watch | Underbuilt | Study · PDF #8 |
| 05 | OAK | Oakland / East Bay | Northern California | Queued | Satellite | Underbuilt | Study · PDF #3 |
| 06 | SAC | Sacramento | Northern California | Queued | Growth | Underbuilt | Study · PDF #6 |
| 07 | LAX | Los Angeles | Southern California | Priority | Core watch | Overbuilt | Study · PDF #19 |
| 08 | ORA | Orange County | Southern California | Active | Core watch | Underbuilt | Study · PDF #9 |
| 09 | SDG | San Diego | Southern California | Priority | Core watch | Overbuilt | Study · PDF #26 |
| 10 | IE | Inland Empire | Southern California | Queued | Value / supply | Overbuilt | Study · PDF #29 |
| 11 | DEN | Denver | Mountain | Priority | Core watch | Overbuilt | Study · PDF #34 |
| 12 | COS | Colorado Springs | Mountain | Queued | Satellite | — | No GS coverage |
| 13 | PHX | Phoenix | Southwest | Priority | Core watch | Overbuilt | Study · PDF #30 |
| 14 | TUS | Tucson | Southwest | Queued | Satellite | — | No GS coverage |
| 15 | LV | Las Vegas | Southwest | Active | Core watch | Overbuilt | Study · PDF #23 |
| 16 | SLC | Salt Lake City | Mountain | Active | Growth | Overbuilt | Study · PDF #20 |
| 17 | BOI | Boise | Mountain | Queued | Growth | — | No GS coverage |
| 18 | DAL | Dallas–Fort Worth | Texas | Priority | Core watch | Overbuilt | Study · PDF #23 |
| 19 | AUS | Austin | Texas | Priority | Core watch | Overbuilt | Study · PDF #35 |
| 20 | HOU | Houston | Texas | Active | Core watch | Overbuilt | Study · PDF #17 |
| 21 | SAT | San Antonio | Texas | Queued | Satellite | Overbuilt | Study · PDF #30 |
| 22 | ATL | Atlanta | Southeast | Priority | Core watch | Underbuilt | Study · PDF #4 |
| 23 | CHA | Charlotte | Southeast | Active | Core watch | Overbuilt | Study · PDF #33 |
| 24 | RDU | Raleigh–Durham | Southeast | Active | Growth | Overbuilt | Study · PDF #37 |
| 25 | NAS | Nashville | Southeast | Active | Growth | Overbuilt | Study · PDF #18 |
| 26 | TAM | Tampa–St. Petersburg | Florida | Active | Core watch | Balanced | Study · PDF #14 |
| 27 | ORL | Orlando | Florida | Queued | Growth | Underbuilt | Study · PDF #10 |
| 28 | MIA | Miami / South Florida | Florida | Priority | Core watch | Overbuilt | Study · PDF #27 |
| 29 | JAX | Jacksonville | Florida | Queued | Satellite | Underbuilt | Study · PDF #7 |
| 30 | CHI | Chicago | Midwest | Active | Core watch | Underbuilt | Study · PDF #2 |
| 31 | MIN | Minneapolis–St. Paul | Midwest | Queued | Core watch | Underbuilt | Study · PDF #1 |
| 32 | IND | Indianapolis | Midwest | Queued | Value | Overbuilt | Study · PDF #25 |
| 33 | COL | Columbus | Midwest | Queued | Growth | Overbuilt | Study · PDF #21 |
| 34 | CIN | Cincinnati | Midwest | Queued | Value | Overbuilt | Study · PDF #32 |
| 35 | BOS | Boston | Northeast | Active | Core watch | Overbuilt | Study · PDF #36 |
| 36 | NYC | New York Metro | Northeast | Priority | Core watch | Overbuilt | Study · PDF #16 |
| 37 | PHI | Philadelphia | Northeast | Queued | Core watch | Underbuilt | Study · PDF #12 |
| 38 | WAS | Washington, D.C. Metro | Mid-Atlantic | Priority | Core watch | Balanced | Study · PDF #15 |
| 39 | BAL | Baltimore | Mid-Atlantic | Queued | Satellite | Overbuilt | Study · PDF #27 |
| 40 | RIC | Richmond | Mid-Atlantic | Queued | Satellite | Underbuilt | Study · PDF #11 |