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The Honolulu Advertiser
Updated at 3:55 p.m., Thursday, July 10, 2008

Moody's says Honolulu top commercial market

Advertiser Staff

Honolulu tied for first in a ranking by Moody's Investors Service of the strongest U.S. commercial real estate markets during the second quarter.

On a scale of 0 to 100, Honolulu and New York were given a score of 79 during the April-to-June period.

Honolulu's rank was up two from the first quarter, and New York moved up by one. Los Angeles was third with a score of 75, which was down five.

Moody's gave the country a composite score of 64, down five from the first quarter.

The worst market was Jacksonville, Fla., at 30.