Commercial property sales hit near record-breaking total of $562B last year

Commercial real estate sales hit near-record levels in 2018, and low interest rates could make for another strong year. The total value of U.S. commercial properties selling for $2.5 million or more reached $562.1 billion last year, the Wall Street Journal reported, citing data from Real Capital Analytics. This was a 15 percent increase compared to 2017 and about $8 billion less than the 2015 record of $569.9 billion. Property prices increased by 6.2 percent […]

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