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The Honolulu Advertiser
Updated at 3:07 p.m., Wednesday, October 8, 2008

Honolulu commercial real estate market ranks high

Advertiser Staff

Moody's Investors Service ranked Honolulu as the strongest metropolitan commercial real estate market in the nation during the third quarter.

On a scale of 0 to 100, Honolulu scored 81, which was an improvement from 79 in the second quarter, during which Honolulu tied for first with New York City.

Oklahoma City and San Francisco tied for second with scores of 74. The worst market was Trenton, N.J., at 27.

Moody's gave the country a composite score of 63, down one point from the second quarter.