How did you decide your location/market in CRE?

Hi Monkeys,

I'm about 1 year into an analyst stint at a small West Coast private fund. All industrial and hotels.


How should I be thinking about the market + location for my next job? How permanent is your role in your market once you have an established name for yourself? How easy is it to move to a new market early career / mid career / late career ? 


I'm young and I really have no idea where I want to settle down for the rest of my life. All of the leasing brokers and most of the I/S brokers I know are in the same cities that they moved to after college, and I don't want that for myself. I'm stuck in the early-career conundrum of not wanting to live in the HCOL city I am right now but also having no idea where I want to live later. Nothing wrong with the West coast, I just don't want to be here forever. 

I've looked at debt brokerage since they tend to do deals nationwide, but guess what... they're all located in SF, LA, and Newport Beach. None of those are places I want to live in the near future. 


Please share your opinions or experiences. How do you think about location in your career? How would you have done things differently? 



 

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